Unemployment, Accident & Sickness Insurance - British Insurance

Protection Insurance Guide

Compare our policies

Mortgage payment protection and loan payment protection are both designed to meet a specific financial commitment - so will only cover your mortgage or loan. Income protection insurance, on the other hand, is more flexible. It covers any outgoings you want to protect.

  Income Protection

Mortgage Protection

 Loan Protection
Maximum monthly payment £1,500 or 50% of your income, whichever is the lesser £2,000 or 50% of your income, whichever is the lesser 125% of your monthly loan repayment, or £1000, or 50% of your income, whichever is the lesser
Mortgage required No Yes No
Unemployment cover option Yes Yes Yes
Accident and Sickness cover option Yes Yes Yes
What can be covered Any outgoings Your mortgage + related expenses only Your loan
Maximum period benefit is paid 12 months 12 months 12 months
Back to day one (0 day excess) option Yes Yes Yes
30 day excess option Yes Yes Yes
60 day excess option Yes Yes Yes
90 day excess option Yes Yes No
120 day excess option Yes Yes No
180 day excess option Yes (not for unemployment only cover) Yes (not for unemployment only cover) No

Jargon Buster

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

View the full glossary

FAQs

Q: Can I have joint cover?
Q: What is an excess period?
Q: How do I buy this insurance?
Q: How much benefit can I insure?

View all FAQs

Contact us

View phone numbers Send us a query

Let us contact you

Enter your phone number and we’ll call you.

Call me back

What do we offer?

Income Protection Insurance (PPI)

Income Payment Protection Insurance will pay a tax-free monthly benefit of up to £1,500 per month, after the waiting period (ranging from ‘back to day one’ to 180 days), in case of involuntary unemployment or if you are unable to work due to an accident or sickness.

Mortgage Protection Insurance (MPPI)

Similar to payment protection cover, but restricted to cover your mortgage payments only. The maximum benefit is £2,000.

Holiday Home Insurance

From second home insurance in the UK to cover for your overseas holiday home we’ve got it covered through our UK based service through Towergate, who provide holiday home insurance to over 25,000 customers.