Taking out any form of finance can be expensive at the best of times and the costs soon mount up, especially when banks and other lenders are adding Junk Insurance to policies. Junk insurance is a term used to describe add-on insurance policies that are essentially useless to the consumer who it was sold to or added on without their knowledge or consent. If you think you might have been mis-sold junk insurance in the last 10 years, or are unsure, contact one of our expert claim specialists today.
What is Consumer Credit Insurance?
CCI is Consumer Credit Insurance. It is very expensive and usually of little to no value. CCI may have been added to your Loan, Mortgage or Credit Card without your knowledge or it could have even been mis-sold to you.
You could be owed $1000’s in compensation.
Start your claim
Unsure if you’ve had CCI? Don’t delay, claim today!
If you’re not sure whether you have a right to claim, let our claims specialists check for you for FREE! There is zero risk because you pay absolutely no upfront charges and we operate under a NO WIN NO FEE POLICY. If your claim isn’t successful, you won’t part with a dollar!
How does the Reclaim CCI process work?
Details
Letter of Authority
Where we identify a potential claim, we will issue you with a Letter of Authority and our Terms and Conditions to sign and return to us.
Review
Our expert claims specialists will conduct a review to check your eligibility to claim.
Refund
Upon receipt of your Letter of Authority, we will get to work on your refund. This can take up to 12 weeks and our case managers will keep you updated on progress.
What are you waiting for?
Start your claim today!
CCI in the news
CBA will plead guilty of miss selling CCI
Commonwealth Bank of Australia (CBA) says it will plead guilty to 30 criminal charges filed by the corporate regulator alleging the business mis-sold consumer credit insurance (CCI)...
Mutuals Are No Longer Selling CCI As At September 2020
Credit unions, mutual banks and mutual building societies have stopped selling consumer credit insurance (CCI) products since September last year, according to the Customer Owned Banking...
ASIC slams banks over ‘junk’ insurance for home loan customers
The corporate regulator is threatening legal action over an insurance it says “has consistently failed consumers” but two banks continue to offer the product. Major lenders ANZ and...