How do I know if I was Mis-Sold PPI?

PPI providerEveryone has heard of PPI, whether it be via television adverts, text messages or phone calls.

But let’s be honest Payment Protection Insurance can be difficult to unravel, but the most important thing to know, is are you owed PPI?

Here are a few examples, if one or more of the following apply to you, then you have grounds to claim back your PPI:

If you were told that you must take out a policy in order to take out credit. You should be careful in taking out your credit. Do a consultation with a financial advisor.

If you were subjected to aggressive sales techniques. You can report them immediately.

If you were unaware you were even paying for a PPI policy.

If you were sold a policy and you were unaware of it.

If you were sold a policy which then turned out to be unsuitable for your circumstances

If any of these apply to you, then you should apply directly to your lender or to a claims company to process your refund on your behalf. If you’re rejected and still feel you have legitimate grounds, then take your case to the Financial Ombudsman Service, who will independently review your case.


Unhappy with the Results of Your PPI Complaint?

PPI scamRoughly 9,000 complaints were made to Claims Management Regulators about Claims Management Companies. The big complaints are made on the discontent of financial claiming.

If you were unhappy with the results of the complaints about PPI, then take it to the Financial Ombudsman Service for free. You don’t need to spend your money in claiming to the Financial Ombudsman Service.

The scheme, also deals with complaints about service providers such as solicitors and law firms. Crucially however it has the power to order firms to compensate, reimburse or provide suitable forms of compensation for every consumer.

In order to activate the service, you must first complain to your lender, who then has eight weeks to respond. If your claim is rejected and you feel you have a genuine claim, then take your case to the Ombudsman who will then work through the particulars of your case and decide if your case is valid and then order the lender to pay up.

However it is worth remembering that if your case isn’t worthy of moving forward with, the Ombudsman has the final word on the case. All parties, bank and consumers, should not violate what have been established by the Ombudsman.


Two common mistakes in business usually made by beginners

biz-opportunityHalf Brain
Many people say that the most important capital in the business is the right brain. The right brain is identical to direct action, creative, and bold. To this end I agreed and then became agitated when the existence of the left brain became narrowed. The first mistake is, thinking with only half of a brain. The left brain is in charge of measuring something with a logical, making something systematically, and a good thinker. There are many of the entrepreneurs who only use half of the hemispheres of their brain without using the other one. As a result, they only focused on the idea, direct action, took debt without knowing how to manage it, did not know how to make the financial statements, did not know productive asset management. Finally, their businesses were failed very quickly as well.

Tips: Business with direct action is very good. But you should keep in mind that the role of the left hemisphere is very important too. If you decide to do business right now, you should balance it with tactical and technical business strategy, such as product development, innovation, financial optimization and marketing, human management because those all have been shown to be important in the history of the business world since long time ago.

Giving Opportunities or Just Waiting
I often see business beginners who are just waiting for an opportunity. Instead of seeking opportunities, what they did was waiting, waiting, and waiting. They waited to get the science, to get capital, and to get the facilities they wanted. If we talk about the business world, “the waiting mindset” needs to be changed to proactive mindset. If we are accustomed to waiting then this situation would have an impact into bad habit in our business. For example if we want to learn something, we would wait for someone to come to us and teach us, and of course this analogy is very ridiculous.

TIPS: The opportunities are spreading around us. No need to wait, because those opportunities only need to be picked up.

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Types of insurance for businesses

business peopleWith the appropriate business insurance anyone can overcome the most complicated financial situations they face in their life. owning a business or company is a big task and challenge for the people who are running a small enterprise because of the financial help they need to improve their business. there are different types in the business insurance coverage. People doing businesses can choose one from those that suits them well. Before choosing an insurance coverage for their business they should have an idea about the basic coverage they need for their business. let us see some of the types in the business insurance coverage in brief. Property insurance coverage is one in which the property and belongings of the beneficiary are concentrated upon. If any loses occurred to the property that is owned in the businesses, loses are compensated by insurance service provider or company.

Under this type of insurance cover, there will be some conditions designed by the insurance company in offering the fund. Thus, business people can find different business insurance coverage for physical theft and fire induced loss. Casualty insurance is another type in the business insurance. Any lose in business caused by external factors such as fire accidents will be attributed under this coverage. If there is any financial setback in the business, owner of the business need not to take much time in regaining the financial security. People can find casualty and property coverage offered in most of the commercially available insurance packages for business. liability insurance is another one that comes under the list of insurance for businesses. when a business man could not cope up with financial crisis occurred due to the negligence of his employee, a client or a partner, he can meet the loss with the financial help of coverage provided by the liability insurance.

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Get to know more about different insurance coverage for the cars

insurance coverageIf you are looking out to purchase a car and after purchasing it if you are planning to go for an insurance then it is very important to first know about the insurance companies first. There many types of insurances in the market that are made for the cars. One of them is a commercial auto insurance brokers. There are also many brokers and in the market that provide you with many insurance services for your car. You can know more about the different services that the insurance service providers provide you with. You can get more information about these companies online, and you will get to check and see many amazing offers and discounts on them.

By checking online, and comparing quotes will help you to get hold of a good company that is reputable and is also reliable. An individual might love an expensive and luxurious car, however if there is any problem in any part or if unfortunately you meet with an accident the cost of it might not agree with your wallet. This is where it is every important to have an insurance for your car. The businessperson that is having many luxury cars and the business is entirely related to cars of any other vehicle is very important to have insurance. This insurance of the car helps the owner to stay away from loss at unexpected times. There are many companies that even insure many trucks and many other vehicles. There are many states where the driver has to have a certain amount of insurance done for his safety. There are many careless and reckless drivers around that need to insure themselves. This is why insurance is very necessary.

You cannot get an insurance if your tickets are bad or if you have met with more than two accidents in ten years. Even if you are very careful and are good at driving with your vehicle still you need to be insured. Some unfortunate calamities are bound to happen, as time is quite unpredictable. Moreover, when this happens, you bound to suffer many losses and so this is where the commercial auto insurance brokers help you. It will be smart if you get insurance for your car before any of these unfortunate things happens. There are two types of insurance coverage that are the entire professional and other is the qualified auto insurance service provider will provide you. You can benefit it a lot some of them are: Liability coverage of your car: In this, a safety net is formed for the insurance company. In the event where a company can cause damage or loss due to, for example, say the court case filed against them. Property coverage of your car: In this if suppose an unfortunate event has occurred, this lets the insurance company to take the full responsibility in making in again. This includes the entire major and the minor damages of your car. This will not only keep you stress-free about your car but will also keep you free in even making your business stress-free.

Author Bio:

Lary Nineham in partnership with finance blogger Helen Burton about commercial auto insurance brokers in Toronto and advantages solutions for car insurance.

Guthrie Insurance Brokers Ltd
505 Consumers Road
North York

M2J 4V8
+1 416-487-5200