
Misleading people into buying this protection policy , is termed as mis-selling. The
Mis-sold PPI considered on following grounds.
1. When the person does not know that he is actually paying for the payment protection policy
1. When the person does not know that he is actually paying for the payment protection policy
2. When the person is not fully made to understand
the rule and how would apply to them.
3. When the credit record shows that the person is perfect in clearing his EMI and does not actually need a PPI
3. When the credit record shows that the person is perfect in clearing his EMI and does not actually need a PPI
The payment to this policy is charged as a onetime payment.
In some cases it is charged along with the premiums or EMIs. You can claim a
refund for this policy
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