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Mortgage Payment Protection,
Mortgage Payment Protection Insurance

Expect the unexpected - and get covered

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Mortgage Payment Protection Insurance

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To protect your monthly mortgage payments

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Mortgage Life Insurance

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To repay your mortgage in the event of death

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Mortgage Payment Protection Insurance cover gives you ultimate peace of mind -
paying your monthly mortgage payments if you become unemployed, have an accident, or become sick.

In order to get you a superb deal, we've chosen to refer you to a website owned and operated by British Insurance Limited who are specialists in income protection insurance.

British Insurance has been recommended in a large number of local and national newspapers and magazines including The Times, The Telegraph, The Guardian, The Mail on Sunday and The Financial Times. In addition, its products have topped Which? 'best buy' surveys and it is the exclusively appointed provider of protection insurance to the members of The British Insurance Brokers' Association (BIBA).

When you click to go to the website operated by British Insurance you will be able to get a no obligation and confidential instant quote, together with all the information you require to apply online for income protection insurance.

British Insurance are directly authorised and regulated by the Financial Services Authority under registration number 302674.

Please be aware that responsibility under Financial Services Authority regulations will therefore be assumed directly by British Insurance Limited if you purchase income protection insurance from them.

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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.)
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.
Will a claim under a Mortgage Payment Protection policy affect any State benefits to which you may be entitled?
No. Whilst you are using Mortgage Payment Protection Insurance to replace your income and meet your monthly mortgage repayments, insurance payouts do not qualify as income in the eyes of the Benefits Agency or the Inland Revenue.
Can you keep your Life policy on if you pay your mortgage off early?
As far as the insurance company is concerned, until your policy reaches the end of its term and you continue to pay the premiums, you remain insured.
Will your mortgage lender accept a Life Insurance policy bought online?
All your mortgage lender will want is evidence that your life is insured for the correct sum and term. A copy of your Acceptance letter will normally suffice but some lenders may want to see a copy of your policy.

Mortgage Payment Protection Insurance - What does it do?

Mortgage Payment Protection Insurance means that if you become unemployed, have an accident, or become sick, and this keeps you off work, normally for 30 days or more - your monthly mortgage repayments will be met. This continues until you get back to work again, usually to a maximum of 12 months. With the best policies, your monthly income is dated from the first day you were off work.

Many people use this type of insurance to cover rent, loan repayments and household bills but, in practice, you can spend the money in any way you like.

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Did you know?

  • One in three people aged between 25-34 have experienced unemployment for a period in excess of one month
  • 90 families a day have their homes repossessed – the majority due to the financial problems associated with unemployment.
  • 1,800,000 people in Britain are disabled and have been unable to work for 12 months or more
  • An adult in Britain is five times more likely to suffer a serious disability than die before the age of 60
  • Every day 500 people in the UK become unemployed. 60% of unemployed men and 45% of unemployed women will be out of work for 6 months or more

Mortgage Payment Protection Insurance in the UK

You need to choose a Mortgage Payment Protection Insurance policy that delivers all it promises, and for the cheapest possible price. At Brokers Online we make it our job to get huge discounts passed on to you – that’s our price promise.

So get a quote now and prove the price difference for yourself. We guarantee you won’t find a better deal!

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Is it not Mortgage Payment Protection Insurance that you need?

Are you really looking for insurance that, if you died or became terminally ill, repays the full capital sum outstanding to your mortgage provider?

Then you need Life Insurance.

Click below on the type of mortgage you have and we’ll transfer you to the correct page.

I have a mortgage where I pay off the capital borrowed and the interest.

I have a mortgage where I only pay off the interest

Mortgage Payment Protection Insurance - we're here to Help

It's essential that you get the right kind of cover for your needs. You'll find lots more useful information about mortgage payment protection insurance when you ask for a quote.

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Do you want insurance that pays a lump sum tto pay off your mortgage if you were to die or become terminally ill ?

If so, you need mortgage life insurance. Click here for information on Mortgage Protection Insurance

 

  Mortgage Payment Protection Insurance Authority Sites
Mortgage Payment Protection Insurance

-- Please Note --
This web site is owned by Andromeda Webs Ltd.
Andromeda Webs Ltd, is an Appointed Representative of Web Publishing House Ltd. Web Publishing House Ltd is authorised and regulated by the Financial Services Authority for insurance mediation.