Mortgage Protection Insurance for my UK home. I need it, but which insurance company shall I choose?

Question

I have been offerred mortgage payment protection insurance by my mortgage lender, but it seems a bit expensive.

I think my job is OK, but I do worry as there have been a few people made redundant recently. There seems to be a lot of mortgage protection insurance online on Google UK, but does anyone have any experience of any companies or more to the point, has anyone been made redundant and had to claim with their mortgage protection insurance provider?

Answer 1

I used Abbey National, but they were a bit expensive. I have looked into using British Insurance who I wish I'd used.

You can get a quote direct from British Insurance at www.BritishInsuranceQuote.com

Answer 2

I bought my mortgage payment protection insurance (a.k.a. MPPI) from the Insurance brokers Council (you can find them at http://www.insurance-brokers-council.co.... ) . The process was fairly painless and, unfortunately, I had to claim on mine last year after I was made redundant so I am speaking from first-hand experience. It was a great relief to find the insurance company extremely helpful and all the payments have gone straight into my bank account without a hitch. Furthermore did you know that with this policy you can suspend your claim if you get some temporary or short-term contract work