Mortgage Protection
Mortgage Protection Insurance (MPPI)
What is Mortgage Protection Insurance?
Mortgage payment protection is an insurance policy that is designed
to protect your monthly mortgage repayments should you lose your income
through accident, sickness or unemployment.
Mortgage protection policies will allow you to protect your normal monthly
repayments and any additional mortgage related costs such as buildings
insurance.
The monthly repayments will be paid either directly to you or directly
to your mortgage provider and can continue for up to 12 consecutive
months of loss of income although a few providers will cover up to 24
months.
