Millennium Payment Protection
We believe that our payment protection proposition is the simply the best in the intermediary market place.
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- 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".
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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 |
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| Accident & Sickness only |
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| Involuntary Unemployment only |
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| Level Term Life Assurance up to 60 times the Monthly benefit (max £100,000) |
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| 12 months Unemployment benefit |
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| 24 months Disability benefit |
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| “Back to Day One” Unemployment claims benefits |
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| Choice of deferred or waiting periods 30, 60 or 90 days |
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| Up to 100% additional household bills cover |
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| Free “Back to Work” Assistance |
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| Joint cover split to suit client’s needs |
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Legal Protection Employment & Contract disputes
with 24 hr free Legal and Tax help-lines |
£50,000 |
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| Monthly and Single Premium multi year cover options |
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