Does cheap payment protection really exist?
- 3RD JULY 2007
Is there such a thing as cheap payment protection? Payment protection products have been called nothing but a rip-off and have seemed to have offered very poor value for those taking out policies, especially when buying from the high street lenders. However they can be a valuable safety net depending on where you choose to buy the cover from.
But there is one company that does offer cheap payment protection while providing you with a quality product.
Headed by Simon Burgess, British Insurance are a standalone and ethical payment protection provider specialist who prides themselves on putting the consumer first and profits second. The company only deals with protection insurance and so can offer quality, cheap payment protection to give you peace of mind.
Payment protection is taken out to safeguard the possibility that if you should come out of work you will have an income to pay the mortgage, credit card or loan monthly repayments and most policies will pay out for up to one year (some will pay for up to two years).
The old saying you only get what you pay for couldn’t be more wrong when it comes to payment protection. Those who sell you a policy with a high premium have often been found to offer poor quality products, while British Insurance offer only quality but cheap payment protection policies.
Managing Director Simon Burgess has always spoken openly when it comes to the high street banks raking in huge profits through payment protection. He warns consumers that if you want quality cheap payment protection then it is essential to shop around and only buy from a standalone and reputable provider.
