Hot Topics

What is Mortgage Payment Protection Insurance?: Mortgage Payment Protection Insurance pays your monthly mortgage repayment if you were off work due to sickness, accident, or unemployment. (Don’t forget that your home is at risk if you fail to keep up the repayment of loans secured against it.)
Why should you have Mortgage Payment Protection Insurance?: Your home is at risk if you fail to keep up the repayment of loans secured against it.
How much should you insure for?: The rate you pay is charged per £100 of income you need. So, you should insure for the next £100 above the cost of your monthly mortgage repayment.
For how long will the policy continue to pay your mortgage?: The Mortgage Payment Protection Insurance will pay your mortgage for up to 12 months or up to when you return to work, whichever is the sooner.
Should you have a “Guaranteed” or a “Reviewable” policy?: A Guaranteed policy is usually better value overall but a Reviewable policy will be cheaper at the outset.

Frequently Asked Questions about Mortgage Payment Protection Insurance