Mortgage Payment Protection Insurance

SeanHorton asked: Mortgage Payment Protection Insurance or MPPI for short is a product designed to pay your monthly mortgage repayment, if you are unable to do so. It is an insurance product designed to keep the roof over your head, during a period when your earned income ceases, due to accident, sickness or redundancy.An illness [...]

Simon Burgess asked: Nothing could be worse than to find yourself out of work for reasons such as accident, sickness or unemployment and being at a loss as to how you would repay your mortgage. Lenders are sometimes patient, but for how long? Certainly not for more than two missed repayments before a letter would [...]