Cheap Mortgage Payment Protection Insurance

 

A mortgage is a major financial commitment. It is of great importance to consider real and potential circumstances that may effect your ability to keep up with your mortgage payments and take adequate / reasonable insurance protection to provide you with cover.

People do not think twice about taking out car insurance - how much more important is your home, to you and your family??

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?

Our Cheap Mortgage Protection Insurance plans are some of the most comprehensive policies in the market, with:

• Highly competitive premiums starting at just £5.00 per £100 worth of monthly cover
• 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!

To see just how little it would cost you to cover your monthly mortgage repayments, for an immediate, free quote.

Click here for a cheap mortgage payment protection insurance quote