Mortgage Payment Protection Insurance
Mortgage Payment Protection Insurance or ASU (accident, sickness and unemployment) works in a similar fashion to Permanent Health insurance / income protection. The major difference is that the amount of cover is normally the amount of your mortgage payments rather than your monthly income.
Also the plan normally only pays out for a maximum period of 1-2 years so that even if you have not returned to work your benefit payments will cease after a specified time.
This shortened payment term does have an upside as the costs are normally a lot less and can provide more short term cover at a more competitive premium.
At Pure, we will investigate which options are best suited to your needs and base our advice on a comparison between all the plans on offer.
Testimonials
Thank you very much for sorting out our mortgage! You have been brilliant. Definitely recommend you to anyone and will be dealing with you in the near future.
Just to say a massive thank you for all your invaluable help. It is very much appreciated. Couldn’t have done it without you.
Just a little note to say thank you once again for all your help and support with our (TRICKY!) remortgage. We really do appreciate all the time and effort you put into sorting it out.
Thank you so much for once again being immense help with our mortgage and insurances. We’re thrilled to have moved and are enjoying the unpacking and planning DIY!
Many thanks for all your help in getting back on the property market. Your help and advice has been invaluable.
From the both of us, our very sincere thanks to you for all your help and advice over the past few months. It has been a long road to get here and you have worked so hard for us, we really can’t thank you enough. We’re so pleased to finally own our own home, and you have been a huge help in making that happen.
Adaptability; in being very professional, whilst always taking the time to go over anything that was miss understood our end to making the experience very enjoyable and a good laugh. Richard is now a contact for life
Richard is an excellent adviser who is always pragmatic, honest and realistic in his approach. We have really valued his kindness and patience with us over all our dealings with him.
Very professional, very honest, gives you 150% customer service. We never trusted any other advisor the way we trust Richard