When we talk about insurance, we usually talk about life insurance. But have you ever heard of loan insurance? Yes, you got that right. I am here to share some of my knowledge about insuring your loans. For example, if you take out a loan and you fail to return it in the given time period, you can get into so much trouble. Usually, they start piling up the interest on your loan and soon after, it's like repaying the whole loan twice! This is why you always have to have mis sold ppi claims. There are many cases where you can ask for a refund if you have a solid claim.