11:42 02 May 2013
When you’re struck with illness, you don’t know what the future will hold for you. It might be something minor, or it could be a symptom of a more serious issue. The last thing you need to be worrying about when you’re in the hospital is about your bills.
There has been recent attention paid to staffing ratios in hospitals, reportedly something the government is currently trying to address, but you can reduce the burden of stress with a few minor investments.
What is PPI?
PPI stands for Payment Protection Insurance. This insurance can be offered by individual companies such as your credit card companies, or by your mortgage lender. You may also be able to choose one company to take care of all your investments. Payment Protection Insurance does not replace your income, but it can make payments on outstanding loans on your behalf during certain circumstances.
What situations might qualify you to receive PPI benefits?
What might disqualify you to receive PPI benefits?
Applying for PPI if you are currently under any of these conditions may disqualify benefit payments to you:
If you qualify for benefits, here are some of the ways, both tangible and intangible you might benefit from PPI:
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