The payment protection insurance or ppi service is one that you will be familiar with if you have ever had to take out a loan of some form, this could be a regular loan, a loan on your car, a mortgage loan, or even the act of getting a credit card. The payment protection insurance service is a type of insurance that becomes activated in a situation where you for some reason, like death, disease, accidents, and redundancies, cannot pay back your loan so the insurance is there to make sure the loan is paid back in your absence or your inability to pay back the loan so that neither you nor your next of kin is stuck footing the bill of the unpaid loan later with a higher interest rate. Now this sounds like a good investment and something that will help you if you are ever in a tight spot with your cash when you need to pay back the loan, however it has, as all policies do, some rules and some people that it does not apply to. He reason so many people are trying to reclaim their ppi is because they were sold the service without being told that the ppi does not apply to them, so they cannot benefit from the insurance policy even if they have paid thousands for it.
Quite a lot of people even hire companies that help them get cheap PPI claims. This is a way for you to be able to get back the money that you spent on the payment protection insurance if it was sold to you when it clearly did not apply to you. You will need to have the relevant documents at hand for when you got the insurance, after which you can contact the people who sold you the ppi for your money back.