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PPI Annual Statements

What is a PPI annual statement and why have I received it?

As a result of the Competition Commission PPI Market investigation, it is a regulatory requirement for you to receive an Annual Review relating to your Credit Card Payment Protection Insurance. This Statement includes the details of the types of cover included in the Policy and the cost of insurance over the last 12-months.

It also provides you with the cost of the insurance per £100 of benefit which enables you to compare the cost of the insurance with other providers.


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