This is some text prior to the author information. You can change this text from the admin section of WP-Gravatar To change this standard text, you have to enter some information about your self in the Dashboard -> Users -> Your Profile box. Read more from this authorHere’s three facts about Payment Protection Insurance…
1. It’s also known as PPI
2. It’s a type of insurance
3. 9/10 people would rather buy a Traffic Warden lunch than buy PPI cover
On paper, especially right now, PPI should be selling like hot cakes, with almost 2.5 million unemployed and most of them with a mortgage or outstanding debts to pay. But it’s not and if anything people are actually dropping PPI like a hot potato and cancelling their policies to save money.
It’s a strange reality where people will happily pay for contents insurance but won’t pay to protect their actual house. Obviously, there’s more to this attitude than simply cash flow and the countless mis sold PPI policies by lenders, banks and providers has a lot to do with the public malaise for the insurance. But there needs to be a shift in opinion for PPI because it’s a spiral that leads to even more financial difficulty.
Related posts:
- Payment Protection Insurance Ditched When It's Needed Most
- Payment Protection Insurance From The Company That's Never 'Done It' Before
- Payment Protection Insurance Mis-selling Catches Up With Sub-Prime Lender
- Mis-sold PPI A Worry For Those That Desperately Need Protection
- Paymentshield Make Cuts As PPI Claims Soar
