Avoid the big rip-off
- 9TH JUNE 2007
One of the favourite names for payment protection insurance (PPI) is “the big rip-off”, not very flattering but in some cases, unfortunately true.
The high street banks and lenders are the number one culprits behind the sector earning this name, and it has to be said that there are specialist companies who are not in this bracket, one of them being British Insurance.
While there are many payment protection insurance providers that have been found guilty of being included in the “big rip-off” by selling over-priced policies that cannot possibly be claimed on, British Insurance is not and will never be one of them. Simon Burgess from the company has always spoken openly about those who put large profits before the consumers’ best interests and is an advocator in putting the consumer first.
British Insurance is a standalone payment protection provider who can save you up to 80% on your loan payment protection insurance premiums and 40% on your mortgage payment protection insurance as well as providing transparent policy wordings. So you know exactly what is and what is not covered. .
Payment protection insurance is taken out to safeguard the consumer should they find themselves out of work due to accident, sickness or unforeseen unemployment. When taking out this cover therefore it is essential to avoid the “rip-offs” and go with someone you can trust.
Unfortunately the majority of people who take out a policy do so at their banks’ insistence and buy it alongside their loan or credit card. Don’t fall into this trap; the protection can be bought independently and this is the cheapest and safest way to avoid being ripped-off.
