Mortgage cover, good or bad?
- 15TH AUGUST 2007
The answer to that question depends entirely on where you purchase your mortgage cover from. If you buy it alongside your mortgage then it can literally turn into one big expensive nightmare, such as in the case of consumers who have been mis-sold a policy, making them unable to claim at their time of need. On the other hand, if you have shopped around for your cover and fully investigated what the mortgage cover entailed, then it could be a Godsend as well as being a great deal cheaper.
There has been recent bad publicity surrounding the payment protection insurance sector but the majority of those who were found to mis-sell policies were the high street banks and lenders. High street lenders might know about loans and mortgages but they have very little expertise when it comes to the insurance protection and mortgage cover side of things, a specialist on the other hand only sells payment protection insurance and as such knows their products.
British Insurance is one of the best in the business and offer the cheapest online quotes for your mortgage cover. Along with this you also benefit from their many years of experience and wisdom when it comes to selling insurance policies, which means you won’t be mis-sold a policy.
Simon Burgess is the Managing Director of British Insurance and is also known by the nickname of one of the “good guys” in the sector. He and the company have the earned this for making quality, cheap mortgage cover available to all.
If you were to come out of work through an accident, sickness or unemployment then the mortgage cover policy would pay out for up to 12 months, providing you with a fixed income to enable you to carry on paying your monthly mortgage repayments while you get well or find yourself another job.
