Planned PPI compensation claims ‘should help weed out mis-sellers’, says Ceta

The insurance network believes the poor press received by this section of the loan cover market has unfairly caused mortgage payment protection insurance (MPPI) to also bear the brunt of the adverse publicity.

“PPI customers who were mis-sold cover or overpaid have every right to get their money back,” said CETA managing director David Quick. “Figures by suggesting that PPI sales generate £5 billion in premiums each year, with only 20% paid out in claims, doesn’t help

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: