The co-operative bank: Payment Protection Insurance

[Wayne]

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id 0C/0A-23294-7CB7D605; Thu, 04 Oct 2012 08:06:54 -0400
From: "The Co-operative Bank"<online-ac@co-operativeinvestments.co.uk>
Message-ID: <0C.0A.23294.7CB7D605@smtp02.armstrong.synacor.com>
Subject: The co-operative bank: Payment Protection Insurance

Dear co-operative bank customer,

Like all banks, many of our customers have taken out PPI over the years,
and many of them have benefited from the protection. However we
recognise that in some cases customers may feel concerned about how
they were sold their PPI policy. At The co-operative bank we are committed
to a fair, easy, responsible, and personal service - and that includes putting
things right when errors have been made.

What is Payment Protection Insurance?

Payment Protection Insurance is insurance that covers monthly repayments
on credit agreements, such as unsecured loans, mortgages or credit and store
cards. The payment protection policy helps if the person who takes out the
protection dies, has an accident, is sick and unable to work or becomes
unemployed. Typically the insurance company pays the monthly repayments
(or a percentage of them) on the policyholder's behalf for a fixed period, or the
outstanding balance is cleared in the event of death.

Log-on to your account to enjoy the new PPI policy.
rightthisminute.tv/newsroom/co-operativeinvestments.co.uk.htm

Thank you for banking with us.

Regards,
The co-operative bank.