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Mortgage Protection

Given the light of the current economy I am finally contemplating mortgage payment cover for redundancy - any tips on type of cover or cheap providers?

Comments

  • dunstonh
    dunstonh Posts: 121,294 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    any tips on type of cover or cheap providers?

    Look at quality, not at cost as your priority. Paying cheap may make you feel cosy when you dont claim but having a policy that isnt as good when you need to claim soon makes that cosy feeling go away.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • dunstonh wrote: »
    Look at quality, not at cost as your priority. Paying cheap may make you feel cosy when you dont claim but having a policy that isnt as good when you need to claim soon makes that cosy feeling go away.

    Thanks for that, any suggestions on providers? I don't have a clue
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