You’re likely to be offered PPI by the company when you take out a mortgage or other loan or credit agreement, but you don’t have to buy it from them. You can:
- buy it yourself separately from insurance brokers, including over the internet;
- shop around to get the best deal for you; and
- compare the features and costs of PPI products using FSA comparison tables.
PPI is useful, but you may not always want it or be able to claim on it when you need to.
