Protection with a premium

FA MORTGAGE EXTRA - 6TH APRIL 2002

A single premium mortgage payment protection insurance policy with an extended claims period of up to five years was launched this month. The Burgesses’ policy, called Maximum Security, is available to borrowers between 18 and 65 who live in the UK and have worked for at least 16 hours per week over the last six months. Commission for brokers is set at 30 per cent.

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