If you do not know how to reclaim your PPI premiums, you can visit www.ppiclaimsco.org.uk website so that you can get all the info that you need to have so that you can get the premiums refunded to you. This is because of the fact this kind of insurance premiums are not compulsory for you to pay. However, most banks or financial institutions will insist that one has to take this insurance coverage so that the banks or the financial institutions can advance a loan to you. Let me take a bit of my time and explain to you how and why you should have your PPI premiums refunded to you. You can apply to your insurance company to have all the PPI premiums that you have been paying refunded to you. This is because of the fact that the PPI insurance premiums are not compulsory for you to pay. The only thing that you will need to do is that you will have to officially apply to your insurance company to have it refund to you all the premiums that you have paid so far. After you have applied for your PPI refunds, your insurance company should send you a refund cheque to you.