Accident Sickness & Unemployment Cover
With a typical Job Seekers Allowance payment being £71 per week and Statutory Sick Pay set at just £85.85 and only payable for up to 28 weeks, it is clear that a lot of people would struggle to cope financially should the unthinkable happen.
Mortgage Payment Protection Insurance (MPPI) is designed to cover the cost of your mortgage payments in the event that an accident, sickness or unemployment stops you from working. Products are fully flexible. You can choose the cover required Accident & Sickness or Accident, Sickness and unemployment. You can also choose the waiting and excess period for claiming, the monthly benefit required, and exactly how this is split if there are two applicants. Quotations can be produced and put on risk instantly for immediate cover.
MPPI Policy Highlights: