A very heavy concern for most customers prospecting to make
a PPI claim is if it’s worth the effort to reclaim £3000 from a successful PPI
claim. In all honesty, £3000 is a very high sum and is something you could use
as downpayment for repairs in your home or buying a new car. In addition, some
PPI claims can reach amounts higher because of certain complexities. Read on to
know how to calculate them.
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PPI is an insurance policy that you didn’t ask to buy
because you know you didn’t need it, but if you were forced and you gave in,
you’ve earned your refunds today. If the insurance policy causes any additional
problems, you get compensated for those as well. Insurance damages only count
as financial hassles; for example, if your loan interest fees increased because
of the insurance, you get the added interest fees you paid for in the last few
months or years even.
A PPI claims expert could only resolve some complex cases,
according to PPIClaimsCo but it does not mean that customers couldn’t resolve
such cases. These complex cases include intertwined insurance policies, your
PPI being an add-on to an existing mortgage payment or car liability insurance.
It would be difficult to untangle these alone, but they merit higher refunds
for customers.
Most claims management companies have claims calculators that
helps you determine the total amount of compensation you could get from a successful
PPI claim. The PPIClaimsCo website actually offers an avenue for claims
calculation.
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