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It is disheartening to read news stories about banks and financial institutions taking advantage of consumers for their own gain. But the hard truth is that it happens and one area where it happened on a large scale was in the sale of payment protection insurance (PPI) coverage.
Lenders used a variety of tactics to mis-sell PPI policies to consumers. Some added policies to consumer’s mortgages, auto or personal loans or credit cards without their...
Few of the many stories related to the mis-selling scandal rocking the world of payment protection insurance (PPI) are related to the sales process. But when one digs into the details, the truth is that the sales process is the root cause of most cases of mis-selling.
The PPI sales process was riddled with incompetent and/or poorly trained sales staffs as well as simply unscrupulous business processes. The manner in which PPI coverage was presented for...
More than likely you’ve seen articles and advertisements touting the fact that people who file PPI mis-selling claims using specialized agencies get their claims resolved more quickly and have a higher rate of success.
That sounds good, but you’re still wary. And you have good reason to be. After all, unscrupulous sales practices and unethical financial institutions got you into this situation. You were mis-sold payment protection insurance...
Personal risk-management is one of the most important priorities for affluent individuals. This requires the safe keeping and insurance of personal assets. There are many reputable and experienced insurance companies that specialize in private client services and high net worth home insurance. An affluent client often has special properties and vehicles that require specialized insurance. Thankfully, there are many insurance companies available who...
Importance of Having a Car Insurance
Posted by admin on Apr 17, 2012 in Insurance | 0 comments
As we all know, insurance is a contract between to person wherein both parties has the obligation to comply with. The insured will pay a certain amount to the insurer and the latter is obliged to pay the losses that the insured may incur involving financial vehicle losses. As long as the policy still exists. In most countries, car insurance is compulsory and it provides different coverage.
The importance of car insurance is to provide protection to car...
I was MisSold a PPI Policy
It is disheartening to read news stories about banks and financial institutions taking advantage of consumers for their own gain. But the hard truth is that it happens and one area where it happened on a large scale was in the sale of payment protection insurance (PPI) coverage.
Lenders used a variety of tactics to mis-sell PPI policies to consumers. Some added policies to consumer’s mortgages, auto or personal loans or credit cards without their...
The PPI Sales Process Equals MisSelling
Few of the many stories related to the mis-selling scandal rocking the world of payment protection insurance (PPI) are related to the sales process. But when one digs into the details, the truth is that the sales process is the root cause of most cases of mis-selling.
The PPI sales process was riddled with incompetent and/or poorly trained sales staffs as well as simply unscrupulous business processes. The manner in which PPI coverage was presented for...
Finding Help with Filing PPI Claims
More than likely you’ve seen articles and advertisements touting the fact that people who file PPI mis-selling claims using specialized agencies get their claims resolved more quickly and have a higher rate of success.
That sounds good, but you’re still wary. And you have good reason to be. After all, unscrupulous sales practices and unethical financial institutions got you into this situation. You were mis-sold payment protection insurance...
A Wealth Of Insurance For The High Income Client
Posted by admin on Oct 11, 2011 in Insurance | 0 comments
Personal risk-management is one of the most important priorities for affluent individuals. This requires the safe keeping and insurance of personal assets. There are many reputable and experienced insurance companies that specialize in private client services and high net worth home insurance. An affluent client often has special properties and vehicles that require specialized insurance. Thankfully, there are many insurance companies available who...