Mortgage Payment Protection Insurance can ease repayment worries

April 7th, 2009

Why take out Mortgage Payment Protection Insurance (MPPI)?

No one knows what the future will hold and if you become unemployed or cannot work due to accident or illness, you may not be able to meet your financial commitments. Job security is now a thing of the past, with record numbers unemployed or facing the risk of unemployment, yet millions of people are potentially putting their homes at risk by ignoring the benefits of Mortgage Payment Protection Insurance (MPPI).

The mortgage on our homes is probably the biggest commitment most people will make in their lives but if you couldn’t make your mortgage or loan payments, could you rely on the “state” for help? Probably not! Over 70% of people will not qualify for Income Support and those who do will only receive a small percentage of their normal income.

Mortgage Payment Protection Insurance(MPPI) can cover the payments on your mortgage, your loans or even your rent if you become ill or unemployed. But what about the cost? Surprisingly affordable with premiums as low as £3.00 per month per £100 of mortgage payment. Whilst the average cost of a mortgage has dropped by more than 50% in recent months, the risk of facing unemployment, accident or illness hasn’t, so protecting your home has never been more important. To find out more and receive an instant online quote, click below

Mortgage Payment Protection Insurance - Peace of Mind for you, your family and your home.