MORTGAGE
PROTECTION INSURANCE
What
is it?
Mortgage Protection Insurance (or MPPI for short) has been designed
to overcome the consequences of unemployment and disability enabling
you to still meet your mortgage repayments.
Why
is it important?
Imagine that you are made redundant or you have an accident that
leaves you unable to work for a period of time – would you
be able to afford your monthly mortgage repayments? If you only
have State benefits to rely on, you will find it tough to cope
financially.
However,
if you have a mortgage protection insurance policy, your mortgage
repayments will be met (up to a pre-agreed limit) each and every
month, for up to twelve months. This gives you breathing space
to find another job, or , if you have had an accident or have
not been able to work due to sickness, time to concentrate on
getting better.
|
What are the benefits of the Mortgage Protection
Insurance policy?
|
|
The
Mortgage Protection Insurance plan is one of the most comprehensive
policies in the market, with:
- 3
MONTHS FREE COVER for both new and existing mortgage
borrowers.
- Highly
competitive premiums starting at just £2.45
per £100 worth of monthly cover after the FREE COVER
period
- Tax
free benefits payable for up to 12 months.
- The
choice of Unemployment only cover, Disability
only cover or both.
- Cover
for self-employed and contract workers
available.
- The
ability to transfer the policy can be
transferred from one mortgage lender to another.
- Simple
application procedure and convenient monthly
direct debit payments
|
Free
Mortgage Insurance Quote
To
see just how little it would cost you to cover your monthly mortgage
repayments, for an immediate, free quote.
Mortgage
Insurance quotes are provided by Burgesses Ltd who are authorised
and regulated by the Financial Services Authority and members
of The British Insurance Brokers Association.
Full details of company and policy can be viewed Click
Here
