Mortgage Protection Insurance

In these uncertain economic times and with the housing market in particular turmoil, mortgage protection insurance could prove the kind of lifeline to avert financial disaster at home.

With the rising cost of mortgages, energy bills and the weekly trip to the supermarket, as things already stand, you could well be finding that every last penny of your monthly pay is accounted for. Imagine the desperate state of affairs, therefore, if your expected monthly income suddenly dried up either because you had to take time off work to recover from an extended period of illness or from an accidental injury, or if you were to lose your job through no fault of your own.

A prudent, but financially very modest, investment in mortgage protection insurance, however, would relieve you of a considerable degree of such worry by ensuring that the monthly mortgage repayments and the insurance premiums related to them (for example, life insurance and buildings and contents insurances) continued to be paid while you recovered from the illness or injuries or until you secured alternative employment.

It is highly likely that you would have been offered mortgage protection insurance by the lender when you first took out your mortgage. However, mortgage lenders and banks have a pretty poor record when it comes to the sale of any kind of competitively-priced payment protection insurance. Many consumers, therefore, find that they can secure a considerably better deal by buying through an independent insurance provider or by seeking the services of an independent financial adviser.

Mortgage protection insurance has probably never been more prudent an investment than at the present time, since it helps to ensure that your mortgage repayments will continue to be paid despite any temporary interruption to your capacity to work or even an unexpected period of enforced redundancy.

Why Buy from British Insurance

Their staff are friendly, well trained and based in the UK
British Insurance are a multi-award winner
They are recognised consumer champions and market leaders
They are regularly recommended on the TV and Radio, including ‘Tonight with Trevor McDonald’ and the ‘Money Programme’
They are independent and FSA authorised