Protection mortgage insurance from insuremypayment.co.uk is quite simply as it says, insurance for your mortgage payments.
When you have a long term commitment of a mortgage you need to make sure you deliver your payments on time each month to prevent mortgage arrears and your house being repossessed.
If for some reason your cannot make your payments because of accident, sickness or unemployment, what would you do? How could you keep up your repayments?
What does protection mortgage insurance cover?
Basically it covers your against accidents, illnesses and unemployment. If you have a problem, the insurance pays out to cover your mortgage for a period of up to 24 months.
This time is basically to allow you to find another job, recover from your accident or illness and get back on your feet.
