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Our optional insurance schemes are available to cover your monthly payment if you are unable to work due to illness, redundancy or unemployment... (The MFS data showed that the term was greater than five years for 43 per cent of loan.) CABx have cases that suggest PPI has been sold inappropriately to borrowers who found that they could not claim on the policies, for example, because they were self-employed, had pre-existing health conditions or were over a certain age... http://www.unsecured-loans-1.co.uk/loans
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Evidence from brokers and Citizens Advice Bureaux (CABx) suggests that PPI for loan is sometimes sold inappropriately to borrowers who are unlikely to be able to claim on it... The marketplace is competitive, with lenders trying to retain you as a customer for as long as possible... http://www.1steploan.co.uk/loans
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