Mortgage Payment Protection Insurance

Very simply, a Mortgage Payment Protection Policy can be taken out and used to protect your monthly mortgage payments if accident, unemployment or sickness prevents you from working.

It is possible to take out policies that cover 100% of your mortgage payments, plus an additional 25% to cover other mortgage related insurance - these being such items as mortgage endowment, life insurance or the buildings and contents insurance.

Again it is worthwhile seeking advice prior to taking out cover as many policies vary considerably. Some will take into account your occupation and any risks which that may entail, some vary the 5 of income on which they will payout, variations occur in the benefit periods and some may even require a medical.

Pinnacle Finance & Business services will be pleased, without obligation, to search out the most suitable policies and cover provision which best matches your personal requirements

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