Get the lowest mortgage protection quote from a standalone provider
- 18TH SEPTEMBER 2007
The premiums for a mortgage protection quote varies widely and can end up adding thousands onto the cost of your mortgage if taken alongside it from the high street lender. The cover when taken from the high street lender is one of the biggest rip-offs ever, which is something that Simon Burgess, Managing Director of British Insurance is not afraid to stand up and say.
The reason why one of the UK`s leading specialists in payment protection is so outspoken is because British Insurance sell mortgage protection policies for a fraction of the cost that the high street lender does while giving the consumer a product that is of far better quality than those on the high street lender provides at extortionate premiums.
Standalone providers generally give the lowest quotes and Simon urges consumers to shop around and get several mortgage quotes for what could be a valuable product when it comes to saving the roof over your head. Providing the cover is taken out correctly it would start to pay out a tax free sum of money each month if you were out of work through accident, sickness or unemployment. The cover would usually last in the majority of cases for up to 12 months and some providers offer 24 months cover.
When getting a mortgage protection quote for the premiums you have to decide if you want a policy to protect against accident and sickness only, unemployment only or for accident, sickness and unemployment. Mortgage protection cover is sometimes called ASU insurance or mortgage payment protection insurance and it can be a very valuable product to have in your corner if it suits your circumstances.
Always make sure that you read the small print in a policy and understand the terms and conditions in it. British Insurance gives you a helping hand by providing the facts in plain and simple terms plus giving you among the lowest mortgage protection quote possible for quality cover.
