The contradictions of PPI

clock

Here are a few oxymorons and contradictions for you:

Act naturally Why do you need a driver's licence to buy alcohol when you can't drink and drive? Good grief Why are cigarettes sold in petrol stations when smoking is prohibited? Definitely maybe Why do the Stormtroopers wear so much clumsy body armour if it doesn't stop laser blasts? Genuine imitation Why don’t sheep shrink in the rain? Friendly fire, and Mortgage lenders who tell us that mortgages are long-term commitments and then try to flog us one-year protection. Many companies promote variations of payment protection insurance, be it PPI, MPPI, ASU, IPI o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Why life and income protection planning is essential for every business

Why life and income protection planning is essential for every business

Protecting livelihoods, relationships and the long term vision of a business

Ken Maxwell
clock 10 November 2025 • 4 min read
Unintended consequences: Why protection needs tech-led transformation

Unintended consequences: Why protection needs tech-led transformation

'The protection industry cannot afford to rely on legacy systems and manual processes'

Paul Yates
clock 30 October 2025 • 2 min read
Why product providers need autonomy on policy admin systems

Why product providers need autonomy on policy admin systems

What's holding providers back from achieving autonomy?

Professional Adviser
clock 17 October 2025 • 4 min read