PLEVIN PPI CHECK & CLAIM SERVICE

You can still make a PPI claim under the 'Plevin' legal ruling, even after the Deadline.

If you had PPI on a loan, credit card, store card, catalogue or mortgage and have not previously claimed for Mis-sold PPI or had your PPI claim rejected, you may be eligible to make a Plevin PPI Claim.

IT’S NOT THE END OF PPI!

Potter vs Canada Square - New ruling April 2021

The case of Canada Square Operations Limited v Beverley Potter [2020] brought a degree of clarity to the issue of limitation points in Plevin Litigation. This was judgement was welcomed by law firms, claims management companies and claimants alike as it strengthened the claimants’ argument that these claims should not have a limitation period applied to them due to the deliberate concealment of PPI commission levels. This meant that the claims are no longer confined to a six-year limitation period.

Potter vs Canada Square Ruling - April 2021

How we can help with your Plevin PPI claim

With our legal partner Bee Legal a Plevin PPI Claims specialist, our core focus is on helping consumers who were sold PPI to use all available and possible options to obtain a legal remedy for compensation of undisclosed & high commission from the finance provider.

Don't worry if you’re unsure whether you are eligible to make a claim under the Plevin ruling, Bee Legal will always conduct a full review of all your PPI credit agreement(s) to establish whether there is case for an unfair relationship.

Bee legal will use their extensive 'Plevin' based PPI claims experience to investigate, negotiate and settle any claim as quickly as possible. Throughout the Claim process, you will kept informed with clear and free advice on all of your available options. The Plevin PPI Check and claim service is simple and completed on a no win no fee basis*.

Plevin PPI Claim Process

Step 1

Start your Plevin PPI Check by requesting a call back

One of our Plevin PPI team will call you back to discuss your potential claim, confirm some details, explaining the next steps & progress your claim.

Step 2

Sign & Return our pre-filled forms

If you are eligible to make a claim, Bee Legal will send you the a Letter(s) of Authority pack to sign & return back to them in order to start your Plevin PPI check process.

Step 3

Sit back & Let us check if you have a valid claim

Bee Legal will contact your lender(s) & ascertain if they charged high commission on your PPI policy premiums & process your claim accordingly with the bank or finance provider.

Get back the money you’re owed from lenders by starting your free Plevin PPI check with our partner, Bee Legal.

Plevin PPI Explained

Following the PPI deadline in August 2019 for making a Payment Protection Insurance (PPI) Claim directly with a business, many people have been talking about ‘Plevin PPI' or PPI 2 and how it could affect them.

Here we explain what is a Plevin PPI claim, how it differs from a Mis-sold PPI Claim, and what the eligibility criteria is to make a Claim under the Plevin ruling.

So, What is Plevin?

Plevin refers to a Supreme Court case from 2014. Mrs Plevin was sold a PPI policy to cover her secured Loan from Paragon Personal Finance Ltd. Mrs Plevin became aware that 71.8% of the premiums she had paid under her PPI policy were actually a commission payment to her Lender and she alleged that this was unfair. The Supreme Court agreed with Mrs Plevin, and ruled that the relationship was unfair due to the following:

  • Not disclosing the commission payment; and
  • The percentage of premium that was paid as commission.

You can read the full Plevin vs Paragon judgement here.

What does this mean for others who may have had the same issue?

Post judgement of the Plevin case, the Financial Conduct Authority (FCA) ruled that any amount of commission from PPI policies of over 50 per cent was mis-selling, and that claimants can receive a refund for any amount of compensation over the 50 per cent threshold.

It has been widely reported that, at the time the PPI policies were sold, Lenders were charging a high level of commission, and according to the Regulator the average commission was said to be 67 per cent.

Please note : A 'Plevin' based PPI claim requires a claim which invariably requires the commencement of court proceedings against your Lender.

What's the difference between a Mis-sold PPI & a 'Plevin' based PPI claim?

The basis on which the each of the claims is made are quite different. A Mis-sold PPI claim looks into whether the PPI policy was suitable and circumstances under which it was sold, whereas a Plevin claim examines whether the Lender failed to disclose the high-level of commission they earned from the PPI premiums, rendering the relationship unfair.

Can I make a 'Plevin' PPI Claim after the Deadline?

Yes  you can, as Plevin PPI Claims are not subject to a deadline. This is because any claims based on the Plevin ruling are from a completely different area of law, namely the Consumer Credit Act 1974.

What is the Eligibility Criteria to Make a Plevin Claim?

You may be eligible to make a Plevin PPI Claim if:

  • You have not previously complained about Mis-sold PPI
  • Your PPI policy must have been sold before 6 April 2007 and open after 6 April 2008, or sold after 6 April 2007 (whether or not it was still open after 6 April 2008);
  • You had your PPI Claim rejected  ;or
    were only refunded for the ‘Plevin only’ part of your PPI also known as a ‘tipping point offer’.

Get back the money you’re owed from lenders by starting your free Plevin PPI check with our partner, Bee Legal.

Plevin Claim FAQ's

What is PPI?

Many borrowers were sold payment protection insurance (PPI) alongside finance products such as catalogue accounts, credit cards, loans, mortgages and store cards. The purpose of PPI was to cover the repayments if the borrower found they could not, due to being out of work for the following reasons:

  • Accident
  • Illness
  • Disability
  • Redundancy
  • Death

Information from the Financial Conduct Authority (FCA) revealed that high street banks and lenders sold UK consumers approximately 64 million PPI policies. The majority of PPI policies were sold from 1990 to 2010, however, some sales go back as far back as the 1970s.

I previously claimed for PPI and was unsuccessful, can I claim for Plevin?

Yes, anyone who’s claim was rejected prior to the PPI claim deadline of August 29th 2019 can submit a compensation claim for Plevin. You can also submit a claim for Plevin if you won your PPI case, but no money was refunded to you.

I claimed for Mis-sold PPI and was successful, can I claim for Plevin?

No, unfortunately not. if you have successfully claimed for PPI compensation, you have received recompense and in the eyes of the courts cannot claim again.

How is a Plevin claim compensated?

The Plevin v Paragon case ignited a new wave of claimants, all of whom felt, and continue to feel, lied to and let down by their Lender. This was summarised by Lord Sumption:

“Any reasonable person in her [Plevin’s] position who was told that more than two-thirds of the premium was going to intermediaries, would be bound to question whether the insurance represented value for money and whether or not it was a sensible transaction to enter into. The fact that she was left in ignorance made the relationship, in my opinion, unfair.”

If you believe you may be eligible for compensation under the Plevin ruling, our specialist Financial Litigation team can help guide and advise you through the process.

Our Financial Litigation partners will obtain disclosure of the account data, which includes large volumes of complex data that requires expert attention. The data will then be analysed in order to accurately assess the value of the Customer’s losses and identify the irregularities that will form the heads of claim.

Which PPI product names to look for in your paperwork

PPI policies were usually sold with other products like a loan, credit card, store card, mortgage, overdraft or with a car finance agreement.

If PPI has been included on a finance product you’ve had, the documents may state PPI clearly, others not so. There are many alternative names used to describe PPI and similar products. Look for the following terms on your paperwork:

  1. account cover
  2. credit insurance
  3. loan protection
  4. accident, sickness and unemployment (ASU) insurance
  5. credit protection
  6. payment cover
  7. loan care
  8. loan insurance
  9. loan repayment insurance
  10. income protection plan

Get back the money you’re owed from lenders by starting your free Plevin PPI check with our partner, Bee Legal.

Plevin PPI Eligibility Check
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POTTER V CANADA SQUARE
Potter has the potential to impact on all types of credit claims!

A new PPI court ruling in April 2021 revealed how the banks used YOUR MONEY to earn hefty commissions for themselves.

Strangely, they forgot to mention the secret commissions they kept when the original PPI rulings came out.

Now the courts have said that any commission they have earned by selling PPI policies is potentially YOURS.

This ruling saw the complainant awarded £7,953.53 in compensation for the commission alone. This includes fees and interest that accrued over the years.

And it’s estimated that other people who had PPI policies will be owed from £1,000 up to £40,000 in compensation.

We can find out if you’re owed money! Just fill out our ‘Start a FREE Plevin PPI Check’ form and we will call you back.

Potter v Canada Square Case

In Potter v Canada Square, the Lender [Canada Square Operations Ltd, formerly Egg Banking plc] accepted that the non-disclosure of commission caused unfairness in the relationship; however, it defended the claim on the basis that it was issued outside the widely accepted six-year limitation period.

Mrs Potter’s legal team invoked Section 32 of the Limitation Act 1980, which extends the limitation period due to the deliberate concealment of commission levels by the lender.

Canada Square Operations Limited v Beverley Potter judgement [2020] EWHC 672 (QB)

What the press said?

Millions more customers can now make new PPI claims – could you get up to £40,000?

No, thank you. I do not want want to see the details of the judgement.
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