Mortgage Protection Insurance (MPPI)

Why might I top up my Mortgage Protection Insurance?

Most mortgage holders have their protection insurance with their lender. However for every ten pounds the lender charges for mortgage protection the consumer only gets insurance to the value of one or two pounds. Buying mortgage protection from an independent such as Ant Insurance provides the opportunity for consumers to save up to 90% on their policy costs. The savings are so dramatic that a consumer who switches their protection from their lender to Ant Insurance can often save the equivalent of half a percent off their mortgage rate.

Due to the high cost of lender' own insurance, many mortgage holders have settled for a protection amount that is less than their monthly costs. Using Ant Insurance's cheaper option, more consumers are able to afford to protect the full amount of their mortgage. They can even top up their protection to take account of their mortgage related costs such as buildings and contents insurance.