Mortgage Payment Protection Insurance

Simon Christopher asked: So, you’ve done your home work and found the best mortgage for you with a great rate that should save you money. This is where many borrowers let their guard down and end up paying way over the odds for insurance sold to them by their new lender.Whilst, Mortgage Payment Protection Insurance [...]

Simon Burgess asked: Mortgage payment protection insurance is taken out in order to safeguard the possibility that you could come out of work due to an accident, long term illness or through unforeseen unemployment. The cover will usually pay out for up to a period of 12 months (with some policies, it will be for [...]