Mortgage payment protection can be a valuable asset to have in your corner if you should become unable to work due to having an accident, becoming unemployed or suffering from a prolonged illness. The cover is designed to pay out for usually around 12 months (with some policies it is 24 months) and will make sure that you can manage to carry on making the mortgage repayments. It can mean the difference between you losing the roof over your head and not having to worry. However when it comes to getting the best deal on the insurance you have to know where to buy, so how can you get cheap mortgage protection?
The cheapest mortgage protection premiums can normally be found by shopping around and buying the cover independently. This means dont be fooled into thinking that just because you got a good deal on your mortgage with your lender, that they will give you the best deal on your mortgage payment protection policy too. AS the media regularly highlights, the majority of high street banks and lenders charge way over the odds when it comes to mortgage payment protection policies. The only way to get a get cheap quote without compromising in the quality of the product is by...
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