Cheap Mortgage Cover Will Be Easier To Buy From March 2008
Mortgage cover has always been hard to understand along with the rest of the family of payment protection policies and finding cheap mortgage cover can be even harder to find unless you know you have the option to shop around for the cover and buy it independently from the mortgage with a standalone payment protection provider.
However from March 2008 cheap mortgage cover will be easier to buy and understand when the Financial Services Authority introduces comparative tables. The comparative tables will allow consumers to determine which type of policy is suited to their needs and allows them to make a much more informed decision regarding the products. Consumers will first be asked questions regarding their circumstances and then from here will be presented that meets their needs, consumers can then compare and make a refined choice before buying, the tables will clearly state the exclusions in a policy along with the cost of the product which should make it a whole lot easier to understand.
Confusion and a lack of information regarding payment protection and mortgage protection was one of the...
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