Benefits of Payment Protection Insurance 6344335690741381224-blid-2201664023623883503

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The acronym for Payment Protection Insurance is, PPI. It is also known by such names as, loan repayment insurance or credit repayment insurance. In this insurance product, an outstanding debt is covered and it is designed specifically for that purpose. This debt refers to any kind of overdraft or any loan that has been sold by any bank or any other type of credit providing companies.