When borrowing money lenders will often offer PPI.  That is a Payment Protection Plan.  This sounds like a great idea when applying for a loan in which you will be getting several thousands of pounds to make your major purchase.  A PPI gives that safe feeling that if you lose your job, a payment plan can still be made in which you won’t lose the major purchase.  These plans sound great, but when borrowers go and process their ppi claims, they find that they don’t meet the requirements.  This generally means you have flushed a couple of thousands worth of pounds down the toilet.  There are groups that can represent you in these matters.