

29th Aug 2019

BeSavvi Bank Loan PPI Check

BeSavvi PPI

What is BeSavvi PPI?

There are many ways of referring to BeSavvi payment protection insurance (PPI), these include credit insurance, credit protection or loan repayment insurance. The purpose of PPI was to help a borrower make their repayments to BeSavvi if they couldn’t due to an unforeseen event, such as sickness, injury or redundancy.



Many PPI policies sold by BeSavvi were added on to a loan, credit/store card, mortgage or an overdraft.

The duration of BeSavvi PPI usually covers a period of 12 months allowing the borrower to time to seek employment or return to work, if appropriate.

How was BeSavvi PPI mis-sold?

Some customers were sold BeSavvi PPI without knowing it had been added to their loan. Consumers say that BeSavvi advised them their loan, mortgage or credit card application would not be approved if they didn’t buy BeSavvi PPI. This meant borrowers took out the BeSavvi PPI, even though they may not need it because they didn’t want to risk losing the deal.

Were you mis-sold PPI by BeSavvi?

It is possible PPI may have been mis-sold by BeSavvi if any of the following facts occurred at the point of sale:

    • Were you unemployed, self-employed or retired at the time BeSavvi sold you the PPI policy?
      • Had you been unemployed, self-employed or retired when you were sold your PPI policy by BeSavvi, you would not have received any benefit from it as you would not have been covered.
    • Did you know that PPI had been added to your agreement by BeSavvi?
      • If you had no idea that BeSavvi had added PPI to your agreement, it could have been done without your consent. Alternatively it could have been an opt-out box that wasn’t clearly visible.
    • Had the BeSavvi explained the total cost of BeSavvi PPI to you at the time of sale?
      • All costings relating to the PPI should have been explained to you by BeSavvi. This will be a major mis-selling factor if it wasn’t done.
    • Did BeSavvi make it known that that some of the PPI premium may have been paid as commission?
      • If more than 50% of your PPI premium was paid as commission to BeSavvi, this is classed as high commission under the Plevin rule. You were mis-sold and due a PPI refund.
    • Were you made aware by BeSavvi that you could cancel the PPI policy?
    • Were you made aware by BeSavvi of any circumstances or exclusions where you would not be successful in making a claim?
      • If BeSavvi had not made clear any exclusions or circumstances that would prevent you from claiming, you may have been mis-sold BeSavvi PPI policy.
    • Were any enquiries made by BeSavvi if you had other PPI cover that would cover repayments?
      • BeSavvi has a responsibility to find out if you had sufficient PPI cover elsewhere.
    • Were you pressured into purchasing the BeSavvi PPI policy?
    • At the time of taking out the PPI policy with BeSavvi, did you have any pre-existing medical conditions?
      • If you had any pre-existing medical conditions that meant you could not have worked for the duration of the BeSavvi PPI term, you would not be covered by the BeSavvi PPI policy.
    • Was it implied to you that BeSavvi PPI was necessary to get the finance?
      • If the finance sought was such that required a PPI policy, BeSavvi should have let you know that you could shop around to find and compare PPI cover or if you already had PPI in place, BeSavvi should not have sold you their PPI policy.
    • Did BeSavvi PPI have an upper age limit, if so, were you older than it?
      • If BeSavvi PPI specified an age limit for cover and you were older than this, you would not be covered by the policy.
    • How long was the term of BeSavvi PPI, was it was shorter than the term of finance agreement? Did BeSavvi explain that there would also be a period of no cover towards the end of the finance agreement?
      • If BeSavvi didn’t explain that you would have a period of no protection during the term of the finance agreement, you BeSavvi PPI policy was mis-sold to you.

What could you claim from BeSavvi?

If your claim against BeSavvi is upheld, you may receive a full refund of PPI paid to BeSavvi, including any interest charged on the PPI. Statutory interest of 8% per year would also be payable on the premiums and any interest charged.

How to Make a PPI Complaint to BeSavvi?


If you have previously received a letter from BeSavvi outlining potential concerns about the way PPI may have been sold to you, then you may have less time, so it is important to act as soon as possible.

Please be assured that by checking or complaining about PPI to BeSavvi, neither your relationship with, nor your credit score will be adversely affected in any way.



We’d like to discuss the details of your case with you so your complaint can be lodged as quickly as possible with BeSavvi to find out if you had any PPI charges on your loan or finance agreement.

The PPI Deadline






Dont Miss the 29th Aug 2019 PPI Deadline!

£Millions Remain Unclaimed!

PPI Deadline FAQs

Is there any leeway in deadline timing?






Will the deadline cause any delay in my case?


What if the bank wants more information?


Why is there a deadline?



What happens after the deadline?


What happens if my case is rejected by the lender?



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