Mortgage protection insurance

Mortgage payment protection insurance (MPPI) also known as income protection insurance is becoming an essential choice for anyone wanting to protect the payments on their mortgage, whether it be a new or existing mortgage. MPPI comes in various forms and can cover the policy holder in the event of Accident, Sickness and unemployment.

When deciding on an mortgage payment protection insurance policy there are a few different options that you can consider before taking out your policy, these are:

Unemployment (U)

As the name suggests, this insurance covers you in the event of the policy holder becoming unemployed or made redundant.

Accident & Sickness (AS)

This method of insurance only covers you in the event of sickness, disease, or accidental injury occurring during the term for which you need medical treatment which prevents you from working.

Accident, Sickness & Unemployment (ASU)

This type of insurance covers you in the event of accident, sickness or unemployment. It goes without saying that this is the most fully comprehensive mortgage payment protection insurance you can take out, but it's also the most expensive.

How do I get mortgage protection insurance?

For a mortgage protection insurance quote or to compare mortgage protection insurance please take a look at our mortgage protection providers section.