Don’t get stung by an expensive loan protection plan
- 8TH AUGUST 2007
A loan protection plan can be expensive and depending on where you purchase the cover from, you could find yourself having been mis-sold the cover, meaning that it won’t pay out when you need it. The worst way to take the cover is to take that which the high street banks and lenders offer you when you take your loan. The cover doesn’t have to be bought this way, you do have other options and one of the best is to buy your loan protection plan independently.
By choosing to shop around for the loan protection plan you can save yourself a lot of money as well as get the right information as to the plan you purchase. If you choose a specialist in payment protection insurance such as the ethical British Insurance then you can make savings of around 80% on your loan protection plan.
Not only will you make savings on the premium but you will also get a far superior product to that which is sold by the high street lender as the policy offers additional benefits to those offered by the mainstream providers.
British Insurance are backed by competent staff that work together to ensure the consumer gets the best deal in loan protection while making it affordable to everyone. Simon Burgess is one of the most ethical company Managing Directors and instead of reaping in the huge profits that the high street lender does, sells quality insurance for the lowest premium possible.
Not only do they do this but they also offer advice and information regarding the loan protection plan they sell and will even advise you against purchasing a policy if it isn’t suitable for your needs. Is there any wonder they have earned the reputation of being the “good-guys” in the sector?
