video record
Media not available in the Digital Archive
'It's an incredibly successful £5bn industry with 20 million customers. But it's so worrying consumer watchdogs that it's been called a "protection racket" - and you may well have been t...he victim. The most expensive protection Moneyfacts found was £1300. 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. And the banks are making a fortune in profits on these much-criticised policies.'
Metadata describing this Open University video programme
Series: The Money Programme
First transmission date: 07-04-2006
Published: 2006
Rights Statement:
Restrictions on use:
Duration: 00:29:00
+ Show more...
Director: Dan Trelford
Contributors: Alan Barry; Gill Barry; Stewart Dickey; Claire Doyle; Max Flint; Andrew Hagger; Mike Naylor; Lorenne Sturt; Mark Thomas; Jonathan Trafford; Peter Tutton
Publisher: BBC Open University
Link to related site: Website:
Subject terms: Banks and banking--Great Britain; Finance, Personal--Great Britain
Master spool number: BRD322965
Production number: LSGB341J
Videofinder number: 7291
Available to public: no