UK Mortgage Payment Protection Insurance Doesnt Have To Be A Rip-Off
UK mortgage payment protection insurance has been on the receiving end of some negative publicity recently due to some consumers having been mis-sold this cover. However, despite this, if you buy from a reputable source, it is a very worthwhile product to have in your corner if you should find yourself out of work after suffering from an accident, illness or if you should become unemployed.
Although the product has been given a bad name it is important to remember that it isnt actually the policy itself which is to blame but the poor selling techniques that have been used at the time the product is taken out. Policies were being sold at the time of taking out the mortgage to those who couldnt possibly hope to claim against them including those who were self-employed or only in part time work. Other ineligible customers included those of retirement age and suffering from an illness at the time of taking out the cover.
Providing you have ensured that the product is suitable for your needs then UK mortgage payment protection insurance can start to give you an income which makes sure that you...
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