If you have taken out a mortgage, personal loan or a credit card with NatWest in the last few then there is a good chance you’re due a NatWest PPI claim refund. But what is PPI and why have so many people been mis-sold policies?
For many years NatWest PPI policies were sold to customers as a form of insurance to protect the repayments if the policy holder were to lose their jobs, fall ill or be unable to work for any reason and therefore unable to pay their loan.
By choosing PPI Return we can answer all questions you might have, whilst guiding you through each step of the NatWest PPI claim back process. We can quickly and efficiently assess whether you have been mis-sold and find how much you could be owed.
The NatWest PPI Claim Process
NatWest, like many other financial institutions, have claimed that they hope to make all Payment Protection Insurance claims as easy as possible.
There has been a large pot set aside for those who have been mis-sold the insurance and wish to carry out a NatWest PPI claim. Lloyds has claimed that they are keen to settle all claims as quickly as possible, and if you have a valid claim against them then you should receive a PPI refund from NatWest without delay.
Is it Free to Make a NatWest PPI Claim?
If you choose not to proceed with your claim through PPI Refund, then you’re well within your rights to make a NatWest PPI claim on your own, however when doing this it might be difficult, especially if the particulars of your case are especially complex.
Making a NatWest PPI Claim
Before you do anything you need to fill out a NatWest PPI claim form, which you can download from Financial Ombudsman Service website.
The NatWest PPI claim form is standard for all financial services in the industry, and as such it makes it much easier to make a NatWest PPI claim. Whilst it is straight forward to make a claim against them, it is down to the individual to ensure that they make it hard for the banks to reject their claims by providing as much information as possible and in as much detail as possible.
Instead of writing out a standard letter, which could mean gaps in important information, NatWest PPI claims use the standard questionnaire so you’ll only need to send them the information once and it saves them writing to you for additional information.
What Makes a Successful NatWest PPI Claim?
When completing your NatWest PPI claim form, you must ask yourself some questions on why you believe you were mis-sold PPI in the first instance. There’s no point in submitting a complaint without a good reason.
If any of the following things applied to you then you could well be entitled to make a NatWest PPI claim.
- Did you believe that the PPI tick box was already ticked on your application form?
- Did you have another source of income or insurance that would cover your policy repayments in the event of sickness or redundancy?
- Were you self-employed, unemployed or working under a certain number of hours?
- Were you under 18 or over 65?
- Did you have any pre-existing medical condition?
To ascertain whether you have a valid NatWest PPI claim then visit our free check page and let us proceed with your claim.