Popular protection insurance
Payment protection insurance is something that has gotten popular in the last years and you hear more and more people that talk about it and this is definitely a sign that it is used by many. This is a type of insurance that protects against different things like credit losses and things of that nature. The big banks are selling this stuff and they want that as many as possible use this so that they can earn more. You should remember that this is a product and not a charity that they are selling so all they care about is bigger profit. It is also called ppi and maybe you have heard about that word before because it has been used a lot lately. I think this type of insurance will go down in popularity and then after that some other type of insurance will come along and that will be the new thing.