Other features in the year 2006 compared to any year since 2000. Why? A press release of the British insurance company told us: this is everything to "higher interest rates and the first customers to more risks often loan of more than five times their salary and the advance payment for 25 years, more policies." What the company think we should on this "worrying" numbers? Purchase of houses, perhaps less, or at least not take this huge mortgages that we almost guarantee for the effort. Of course not. He wants us to the bonds of even that much money and so many risks, but more expensive to buy to him by e Saturday Time. Never, said the spokesman for the firm Simon Burgess "the need for the mortgage to pay insurance protection is also clear." Take it and you have a vital "safety net" if something goes wrong.
Well, maybe, maybe not. Payment of insurance protection (PPI) is a favorite of the high-banking financial and insurance providers throughout the country. Why? Easy. It is too difficult, and the claim so that they are absolutely an asset sale. Payment Care considers that in the last year by 4 billion pounds spent by the borrower on the PPI each year a massive £ 2.5 billion is now off payments made by the Commission - they know that they do not need to requests payment.
The idea of the PPI and MPPI - one of them asks you every time you contract a mortgage, a credit card or loan of any kind - is that if your situation changes, so you do not succeed is not your fault to reimburse the insurance is for you. Sales in the amount that the purchase is the sensible thing to do, as if you dismiss, very ill or a serious accident, you need.
Need PPI?
But even if you do not need that the insurance May PPI does not comply with this bill. He tends to come with a variety of events including the clauses - in favor of the insurer: You are not in a position to receive a payment if you have a part-time employment is not a full-time employment, if you are auto - employees, if you find you can not work because of health was already existing, or if you have a contract with short-term. Many policies will also "any occupation" instead of "occupation" That means that if you do not work, any work, rather than to your own work.
You will also find May, just because you think that you have a serious illness does not mean that your insurer. As Angus Maciver of Prudential in The Daily Telegraph in the last week "the suffering of one of the big three - cancer, heart attack, stroke - feel 'criticism' to a consumer," but now that diseases are diagnosed much earlier than in the past treated much faster and a diagnosis is not necessarily trigger a payment. Even if you suspect that you need an insurance company is not a good thing. Only 4% of people who PPI never say on this subject and 25% of these applications ultimately rejected.
Well, maybe, maybe not. Payment of insurance protection (PPI) is a favorite of the high-banking financial and insurance providers throughout the country. Why? Easy. It is too difficult, and the claim so that they are absolutely an asset sale. Payment Care considers that in the last year by 4 billion pounds spent by the borrower on the PPI each year a massive £ 2.5 billion is now off payments made by the Commission - they know that they do not need to requests payment.
The idea of the PPI and MPPI - one of them asks you every time you contract a mortgage, a credit card or loan of any kind - is that if your situation changes, so you do not succeed is not your fault to reimburse the insurance is for you. Sales in the amount that the purchase is the sensible thing to do, as if you dismiss, very ill or a serious accident, you need.
Need PPI?
But even if you do not need that the insurance May PPI does not comply with this bill. He tends to come with a variety of events including the clauses - in favor of the insurer: You are not in a position to receive a payment if you have a part-time employment is not a full-time employment, if you are auto - employees, if you find you can not work because of health was already existing, or if you have a contract with short-term. Many policies will also "any occupation" instead of "occupation" That means that if you do not work, any work, rather than to your own work.
You will also find May, just because you think that you have a serious illness does not mean that your insurer. As Angus Maciver of Prudential in The Daily Telegraph in the last week "the suffering of one of the big three - cancer, heart attack, stroke - feel 'criticism' to a consumer," but now that diseases are diagnosed much earlier than in the past treated much faster and a diagnosis is not necessarily trigger a payment. Even if you suspect that you need an insurance company is not a good thing. Only 4% of people who PPI never say on this subject and 25% of these applications ultimately rejected.
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