For the cheapest mortgage protection quote seek out a specialist
- 14TH OCTOBER 2007
The cost of mortgage payment protection insurance (MPPI) can vary greatly depending on where you buy your cover. If taken from the high street lender then it can cost up to 40% more than with a standalone specialist provider and it isn’t only the cost but also the quality that differs. If you want the cheapest mortgage protection quote, a quality product and the advice needed to ensure that a policy is suited to your needs, then a specialist in payment protection insurance is an absolute necessity.
One such ethical specialist is British Insurance. Headed by Managing Director Simon Burgess who is always crusading for the rights of the consumer they are one of the leading specialists. Simon warns people to shop around for their mortgage protection quote as well as ensuring that they understand the terms and conditions. He says: “Always read the small print to make sure that a policy would be suitable for your needs before buying. Conditions which you have suffered from within the last 2 years are excluded from most mortgage payment protection insurance policies as are if you only work part time or are retired. These are just a few of the more common exclusions and there are others which can vary from policy to policy. You have to understand them before you buy so that you can ensure that you would be eligible to claim”.
He adds: “Even the cheapest mortgage protection quote is useless if you wouldn’t be able to claim against the policy but providing it is suitable then it would give you an income once you had been out of work for between 31 and up to 90 days and would then continue giving you a tax free income for up to 12 months and 24 months with some providers.”
British Insurance not only offers you the cheapest mortgage protection quote to be found but also makes sure the key facts and vital information are readily available to the consumer so that they can make sure the policy is what they need.
