Mortgage Payment Protection Insurance
Mortgage Payment Protection Insurance (MPPI) is designed to make repayments on your mortgage and other related costs (e.g. Building Insurance), in the event of accident, sickness or unemployment (redundancy).
It is vital to assess your continuing ability to meet vital bills. If you are worried about your financial stability then a MPPI policy will mean that at least your mortgage will continue to be paid. Most MPPI policies will usually pay out for a maximum of one year, therefore if you have sufficient savings in place to cover you for a full year, you may not require this cover (of course, this is providing you are happy to be using up your savings).
This Payment Protection Insurance is optional. There are other providers of Payment Protection Insurance and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk
By clicking on the above link you will be leaving the regulated site of Penny Jones Mortgages. Neither Penny Jones Mortgages, nor Sesame Ltd, is responsible for the accuracy of the information contained within the linked site.
For accident, sickness and unemployment insurance I offer products from a selected panel of providers
We act as introducers for Accident, Sickness and Unemployment plans and Mortgage Payment Protection Insurance