If you live in the United Kingdom and you have been paying for your personal payment insurance, then you should be aware that this kind of an insurance coverage is not compulsory and as such, you can have your PPI refunded to you. You can get more info on how to have your PPI refunded by visiting www.ppiclaimsco.org.uk website. This is a website that will guide you on the correct procedures that you will need to follow so that you can have your insurance premiums refunded to you. PPI is a type of an insurance premium whereby one gets to have their loans or their mortgages insured against their own failure to repay the same. What this means is that if you are unable to repay you loan or your mortgage, then your insurance company will step in and clear all the balances of the loan or the mortgage that will be outstanding at the time of your default. It is important for you to know that PPI insurance coverage is not a compulsory insurance coverage. As such, one can apply to their insurance company so that they can have their PPI insurance premiums refunded to them. You will need to visit the offices of your insurance company to apply for a refund.