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Question

Why Payment Protection Insurance has a high rate of rejection?

Description
I am researching on the subject and found that the PPI rejection was much higher. Why?


Answers

petty

Yes, what you heard is true. The rejection rate is high because Payment protection Insurance plans are not underwritten at the sales stage and they require the customer to know when his coverage will apply to insurance claims. Since a lot many of us have no idea to claim this, a high percentage of rejection follows. 



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