The Money Programme

UK's £5bn protection racket (2006x7)

Air date: Apr 07, 2006

If you've ever taken out a mortgage or loan, or hold a credit card, you've probably been offered Payment Protection Insurance, or PPI as it's called. It's meant to help you if you become ill or get made redundant, so that you can meet your repayments, but all too often, it's letting people down.