Mortgage payment protection the British way
- 12TH AUGUST 2007
Mortgage payment protection insurance (MPPI) can be a worthwhile investment in a world where very often the unexpected has a habit of dropping in when you least expect it or want it.
A mortgage payment protection insurance policy can give you peace of mind that if you should come off work through long term sickness, an accident or you become involuntarily unemployed, then you receive a tax free lump sum to make the monthly repayments on your mortgage.
However, mortgage payment protection insurance can be an expensive addition to an already overstretched budget but there are ethical providers out there that do offer quality products for the cheapest premiums, although they are far and few between.
By taking your mortgage payment protection the “British” way and going with an independent provider such as British Insurance you can save around 40% on the quote for the insurance, A mortgage payment protection insurance policy will pay out for up to 12 months along with being backdated to the day you first came out of work.
It is important that you understand the policy because there are exclusions within them that can stop you from claiming, but British Insurance doesn’t hide this and in fact gives you honest advice regarding the exclusions within a policy. Managing Director, Simon Burgess is considered to be one of the few “good guys” left in the sector and always has the consumer’s best interests at heart ahead of big profits.
If you are considering taking out mortgage payment protection then stick with British for quality and some of the cheapest premiums for the cover.
