. It was all sorts of banks and lenders that added this insurance onto loans and it was actually added onto some mortgages. Banks along with other lenders will definitely provide different scenarios to their clients regarding not being able to settle debts. Selling PPI is big business, and this insurance does not come cheap, so it is high time the industry developed good minimum standards of cover.
A wide range of providers have been called out a result of the tactics they use in marketing the policy. PPI is sold on many mortgages, secured loans, unsecured loans, car finance and credit cards - so the odds that you have at least one PPI policy which has been mis-sold to you. You must never forget that you may have a right to information.