Millennium Payment Protection
We believe that our payment protection proposition is the simply the best in the intermediary market place.
|
- Only 23% of mortgages are covered by MPPI. The Government wishes to significantly increase this, supporting MPPI as essential for consumers to promote sustainable home ownership.
- Claims of £300 million are being paid every year to borrowers in financial difficulty, with over 85% of claims being paid: source CML.
- FSA Report 2006 – "we are seeing signs of growing distress amongst consumers, more late payments of credit cards and a rise in mortgage repossessions".
|
Ensure your client's Mortgage/Loan repayments and other household bills get paid even when they don’t!!
Two superb policies offering a wide choice of cover options to suit all your client’s protection needs:
|
Policy Feature
|
Payment Protection
Platinum, Gold
Silver, Bronze
|
Multi-Guardian
|
|
Accident, Sickness, and Involuntary Unemployment
|
|
|
|
Accident & Sickness only
|
|
|
|
Involuntary Unemployment only
|
|
|
|
Level Term Life Assurance up to 60 times the Monthly benefit (max £100,000)
|
|
|
|
12 months Unemployment benefit
|
|
|
|
24 months Disability benefit
|
|
|
|
“Back to Day One” Unemployment claims benefits
|
|
|
|
Choice of deferred or waiting periods 30, 60 or 90 days
|
|
|
|
Up to 100% additional household bills cover
|
|
|
|
Free “Back to Work” Assistance
|
|
|
|
Joint cover split to suit client’s needs
|
|
|
Legal Protection Employment & Contract disputes
with 24 hr free Legal and Tax help-lines
|
£50,000
|
|
|
Monthly and Single Premium multi year cover options
|
|
|