What Is a PPI? 3089635636924505613-blid-9065512134407244732

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Payment Protection Insurance (PPI), also referred to as Credit Protection Insurance and Loan Repayment Insurance, is generally speaking, insurance taken out against the repayments of loans, mortgages and credit cards. By paying a fee, if you are unable to work for a period of time due to illness, injury or unemployment, your repayments will be made for you.