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Payment Protection Insurance (PPI)

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Payment Protection Insurance (PPI) is an optional insurance policy sold alongside your Capital One credit card to help you ensure your repayments can be made in the event of an accident, sickness, unemployment or death.

If you have a live PPI policy, you'll pay a monthly premium on your outstanding balance, which you'll be able to see every month on your statement.

PPI is no longer being sold to either new or existing customers.

All of Capital One's existing policies are underwritten by AXA Insurance.