What is Payment Protection Insurance (PPI)?
James’ discussion of PPI details its purpose of protecting retail and consumer customers against the risk of nonpayment from a variety of different avenues.
Overview
Payment Protection Insurance is a product designed to protect a bank’s retail customer base against the risks of non-payment in the case of loss of employment, sickness or disability.
Key learning objectives:
Define PPI and understand the regulation in place regarding it
Summary
Expert
James Eves
Career banker with over 25 years working in investment banking. James has worked in many aspects of banking including equity capital markets, origination, IPOs and hybrid capital.
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