FAQ Index for Mortgage Payment Protection Insurance

You will find below a full list of the FAQ’s for Mortgage Payment Protection Insurance. We hope you will find them useful.

In no circumstances should these FAQ’s for Mortgage Payment Protection Insurance be interpreted as this web site providing you with specific advice in relation to your own circumstances or on the suitability for you personally, of any product or service referred to within these FAQ’s. Our aim is simply to provide generalised, but helpful, information.

What exactly is Mortgage Payment Protection Insurance?

Why do I need Mortgage Payment Protection Insurance?

How much will Mortgage Payment Protection Insurance cost?

How much cover do I need?

How long should I get Mortgage Payment Protection Insurance for?

Must I buy Mortgage Payment Protection Insurance through my mortgage lender or broker?

For how long will the policy carry on meeting my mortgage repayments?

Will Mortgage Payment Protection Insurance pay out as soon as I make a claim?

Is there a chance that my claim could be refused?

Will the Mortgage Payment Protection Insurance cover both the interest and the capital?

Do I need cover for an accident and sickness only, or accident, sickness and unemployment?

Is Mortgage Payment Protection Insurance the same as a Mortgage Insurance Guarantee?

I want to receive a lump sum if I die or become very seriously ill and could not work again - what sort of insurance do I need?