Mortgage Payment Protection Insurance (MPPI)

Maintaining a regular income is essential for most of us. But what if this income was to suddenly stop due to an accident, sickness or unemployment? How would you pay the mortgage, household bills and other expenses? You may need mortgage payment protection insurance.

It’s a fact that millions of people of working age will be off work for a sustained period of time through an accident or sickness.

Of course if the worst did happen you may receive some payment from your employer as part of your benefits package or a contribution from the state, but would this be enough for you to really cope?

If you suffered an accident or unemployment, what would the impact be on you and your family’s future? Would you lose the lifestyle and security you have worked so hard for?

We all want to ensure we have adequate protection in case the worst happens. Mortgage Payment Protection Insurance (MPPI) will help you ensure you won’t suffer financial hardship, even if your health suffers or you are unemployed. Protecting your mortgage payments means you will not lose the roof from over your head; and more importantly will provide reassurance at a time that can be quite stressful.

There are other providers of Payment Protection Insurance [Short-Term Income Protection] and other products designed to protect you against loss of income. For information about insurance, visit: www.moneyadviceservice.org.uk.