It is important for you to note that you can now have your loans and your mortgages insured against your own failure to repay the same. PPI is a type of insurance payments that one makes on a monthly basis so that they can have their loans or their mortgages insured here in the United Kingdom. If you need more info about the types of insurance companies that offer their services here in the UK, then you can visit www.ukppireclaim.com website so that you can get the necessary information about the insurance industry in this country. You need to know that the payment of PPI is not compulsory. As such, no one should ever be forced to take a PPI insurance coverage against their own volition. However, you need to know that there are a number of banks and financial institutions that will not accept to offer you a loan or a mortgage unless you take a PPI insurance coverage for your loans or your mortgages. If you need to have your PPI premiums refunded to you, then you will need to visit the offices of your insurance company so that you can fill the requisite PPI claims forms so that your money can be refunded.