Cheap mortgage payment protection can be found
- 3RD JULY 2007
With the recent investigations into the payment protection insurance (PPI) sector and the results found from it you would think that reliable and cheap mortgage payment protection simply couldn’t be found.
In most cases, when you buy your policy alongside your mortgage from the high street bank or lender, sadly this is true. However, cheap mortgage payment protection can be found – it’s a case of shopping around and using a standalone provider.
The best way to get cheap mortgage payment protection is by shopping online from a company such as the ethical British Insurance. They offer quality cheap mortgage payment protection, which can save you typically 40% on your policy when compared to the high street bank.
A cheap mortgage payment protection policy from British Insurance will provide you with a tax-free monthly sum of money if you were to come out of work for 30 days or more through unemployment, sickness or accident and would pay out for up to one year.
However don’t confuse the word cheap with poor quality. British Insurance pride themselves on offering cheap mortgage payment protection while giving the consumer an honest, reliable product. Simon Burgess, Managing Director of the company, has always put the consumers best interests first and subsequently British Insurance are know in the sector as the “good guys” and the company has topped the charts on several websites “best-buy”.
So if you are looking for cheap mortgage payment protection it can be found, you just have to know where to look. Do understand that you don’t have to purchase the cover alongside your loan, it isn’t compulsory as many of the high street lenders would have you believe.
