Mortgage protection insurance

Mortgage payment protection insurance (MPPI) covers your monthly mortgage payments if you’re made redundant or get sick and can’t work. Plans typically provide cover for up to a year – hopefully enough time to get well or find a new job. To be eligible, you’ll need to be employed rather than self-employed. To decide if MPPI is right for you, you’ll need to know if you might have trouble paying your mortgage if you or your partner is unable to earn. You’ll also need to be aware that mortgage protection rarely pays out immediately, especially in the case of redundancy.

We know the details of mortgage protection insurance products across the market and can suggest targeted options to meet your needs. We’ll run some calculations to work out how much cover you might need in the event of unemployment or illness and find policies which will give your family the right level of support. It’s not just about going after the lowest premiums – we’ll take into account how soon policies might pay out and highlight any small print that could cause problems down the line. Finally, we’ll always give you a clear recommendation. After all, that’s why you’ve chosen to speak to an expert.