Payment protection insurance is supposed to be an optional enrolment plan that is offered with any sort of financial product which involves borrowing money such as credit cards, loans and mortgages. However many people are now in the process of Claiming back payment protection on loans and other items due to the way that the policies were sold to them. So what is the point of payment protection insurance and why would you want to claim it back? Let’s have a look. Payment Protection Insurance 101 Payment protection insurance was originally designed to give relief to borrowers if they...