Banks Overcharge for Payment Protection Insurance
Following the £7 million fines imposed on Alliance and Leicester recently for the misselling of loan payment protection insurance polices, Simon Burgess of British Insurance explains why Banks have been ripping off their customers and overcharging sometimes as much as 1000% on prices which could be obtained through an independent supplier
Related posts:
- FSA fines Alliance and Leicester £7m for misselling Loan Protection
- FSA says shop around for Loan Payment Protection Insurance
- Loan Payment Protection Insurance Competition Commission report
- UK Finance Giants withdraw Unemployment Mortgage Protection Insurance for own employees
- UK Banks to further reduce public lending



