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The mis-selling debacle of payment protection insurance

 
 
 
 
 
mortgageprotection

by mortgageprotection

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With around 28 million payment protection insurance (PPI) policies in force, there are a lot of people making a lot of money somewhere. In fact, the industry – which provides a tax-free monthly lump sum should you become unable to work due to accident, prolonged sickness or unemployment – is worth around £6 billion a year, of which £5bn of this is pure profit.

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Date Added

11/02/2007
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