Get your payment insurance quote independently
- 25TH SEPTEMBER 2007
If you get your payment protection insurance (PPI) quote from an independent provider then you could make huge savings when compared to taking the cover from the high street banks and lenders. A payment insurance quote can vary a great deal among insurers - even with standalone providers - so it essential that if you want to get the best deal that you take the time to shop around and get several quotes.
An independent provider is one that doesn’t try to sell you the cover along with your mortgage, credit card or loan and the best deals can be found with those providers who specialise in payment protection products. One such ethical payment provider insurance specialist is British insurance. The company is headed by Simon Burgess and Simon speaks openly about the high street lenders “big rip off” when they sell the protection alongside their products.
When getting a payment insurance quote from British insurance you will not only make sure that you get among he cheapest premiums possible for the cover but also expert advice when it comes to the policy’s suitability for your needs. Payment protection insurance has made the headlines for all the wrong reasons recently after it was found that there had been wide spread mis-selling of the insurance alongside loans and mortgages from high street lenders.
In 2005 following investigations by the Citizens Advice; the Financial Services Authority (FSA) and the Office of Fair Trading (OFT) many high street names faced fines for failing to give the consumer the advice they needed to ensure a policy was in their best interest. The sector continues to be in the spotlight as it has been referred to the Competition Commission who are at present conducting an in-depth review into the marketplace which is set to reach conclusion in early 2009.
When it comes to getting your payment protection quote then get several from independent specialists such as British Insurance. British Insurance has won several best buy plaudits for their products and is one of the most ethical specialists around when it comes to the consumer’s best interests and quality payment protection insurance products.
