Payment protection insurance (PPI) – all the information you need!
Payment protection insurance (PPI) was mis-sold to a number of people who did not need or want it, or even know that they had it. It is a general insurance that began to be sold alongside many types of finance in the 1980s and was eventually stopped by regulatory improvements in 2012.
If you were mis-sold PPI, then you may be able to submit a claim for compensation. If you are the Executor/Administrator of an estate, then you may also wish to consider the possibility that the estate could submit a claim for compensation.
The deadline for submitting claims is fast approaching on 29 August 2019, so it is important to act sooner rather than later if you think that you/an estate might have a claim.
It is also important to note that the risk of choosing not to investigate a claim on behalf of an estate is that after 29 August, claims management companies could begin to pursue outstanding claims against Executors/Administrators on behalf of an estates beneficiaries.
For active matters where the Gregg Latchams WRH Executor and Trustee Company is appointed as an Executor/Administrator, we will be instructing a claims management company to investigate the position on a no win no fee basis.
Where Gregg Latchams WRH Executor and Trustee Company is not appointed as an Executor/Administrator, investigating the position does not form part of our retainer. Our clients (the Executors/Administrators) should therefore investigate the position themselves, if they believe it appropriate to do so.