Protect the roof over your head with cheap mortgage payment insurance
- 3RD JULY 2007
For the majority of people who take out a mortgage the monthly repayments will undoubtedly be the biggest outlay, and while we don’t like to think of the worse case scenario things do happen that could jeopardise your future in your home. For example, if you were to become unable to work due to accident or long term sickness or you were made redundant, you could risk losing the roof over your head if you cannot keep up the repayments. There is a way you can protect this, you can protect the roof over your head by taking out cheap mortgage payment insurance.
Mortgage payment protection insurance will usually pay out for up to 12 months and, with some companies, is dated back from when you first came out of work.
Cheap mortgage payment insurance is hard to come by especially if you take it out from the high street bank or lender with your mortgage. Therefore if you want cheap mortgage payment insurance it is essential that you choose to go with an independent and standalone payment protection specialist such as the ethical British Insurance.
Simon Burgess from British Insurance cannot get this point across strongly enough and has always stressed that the protection doesn’t have to be taken out with your mortgage. “Banks simply don’t offer cheap mortgage payment protection insurance or give the best advice when it comes to buying a policy as do standalone and more ethical providers” he says. “The recent furore over the mis-selling of payment protection insurance policies confirms how the bigger organisations are literally taking their clients for a ride.”
Protecting the roof over your head is important as no one knows what the future will bring; British Insurance can help you do this by giving excellent free advice along with cheap mortgage payment insurance policies.
