February 11, 2010
Beginner's Guide To: Mortgage Payment Protection
Mortgage payment protection insurance (MPPI) helps with the cost of your mortgage payments should you lose your job or find yourself unable to work due to sickness or injury. There are different levels of cover: you can be covered for …
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Beginner's Guide To: Mortgage Payment Protection
Filed under MPPI, Uncategorized by on Feb 11th, 2010.
Comments on Beginner's Guide To: Mortgage Payment Protection
Credit Protection Insurance – Just Another Consumer Rip-Off
Hi,Insurance is a great way to safeguard your self from the uncertainties in life. Mortgage Payment Protection Insurance is designed to protect you from getting into debt or missing the mortgage payments due to unemployment.
I agree with the previous comment, there are many factors which constitutes a mis-sold mortgage?Some of the points below may indicate whether a consumer has been mis-sold their mortgage;
Questioned to make sure the adviser knew all the facts about your application
Provided with a choice of mortgage products
Recommended a Self Certification Mortgage when employed or self employed
Told that you only qualified for a sub-prime loan
Advised the end date went past your retirement age
Offered Payment Protection Insurance on your mortgage or loan
Advised to apply to a particular lender for “speed”
Reclaim Your Mis-selling Of Payment Protection Insurance
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
http://t.co/OK7Ngo4S