Final deadline for PPI claims imminent: 29th August 2019
There has been mounting concern from solicitors in light of the STEP briefing note alerting firms to the risk of PPI claims arising out of probate/estate administration matters, where the firm did not advise beneficiaries of the potential for unrealised PPI claims within the estate.
While solicitors are generally being reassured that risk is limited to ‘obvious’ claims, this remains an emerging area and a source of concern among practitioners.
QBE Insurance has issued guidance following input from RPC and BLM on probate matters & the risk of PPI claims, which you can view here.
We will continue to share information with our members as it becomes available.