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What is a Mortgage Payment Protection Policy?

A policy that can help you to protect your mortgage payments and related insurance premiums usually for up to 12 months if you become unemployed or suffer a disability (accident or sickness). If you are unsure about whether you need this kind of cover then it may be worth considering the following:

 

90 families a day had their homes repossessed in 2000, the majority due to the financial problems associated with unemployment.
One in three people aged between 25-34 have experienced unemployment for a period in excess of one month.
Almost one in five working age households (3.4 million) have someone who is currently unemployed.
Today in Britain there are almost 1,000,000 persons who are registered as unemployed.
Every day 500 people in the UK become unemployed. 60% of unemployed men and 45% of unemployed women will be out of work for six months or more.
Every adult in Britain is five times more likely to suffer a serious disability than die before the age of 60.
Today in Britain, 2,900 people will start claiming state disability benefits.
1,800,000 people in Britain are already disabled and have been unable to work for 12 months or more.

 

To obtain a quotation from one of our independant brokers regarding a mortgage payment protection policy then please click here:

Mortgage Payment Protection Policy Quote

(Your home may be repossessed if you do not keep up repayments on your mortgage)

Click here to email us.