Two million sold PPI despite being 'ineligible'

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Around two million consumers may have been sold PPI despite being ineligible for the products, research suggests.

According to consumer watchdog Which?, a third of policyholders who have taken out cover in the last five years may fall foul of at least one ‘significant exclusion’ of the policy. The firm, which carried out the study as part of its PPI mis-selling campaign, is calling on consumers to check their policies and make a complaint if they discover they may have been mis-sold the product. Doug Taylor, Which? personal finance campaigner, says: “We've always known that people were being mis-sold PPI, but we were still amazed to discover the scale of it. “It appears that salespeople are chasi...

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