Payment Protection Insurance

broady70

Hello, I am looking for PPI for my millstone mortgage and two loans. The total outstanding is £85,000 for the mortgage and paying £ 67 per month for critical illness cover a loan for £12,100 with no cover and the other loan for £8,100 for which we are paying £52 per month for critical illness cover.

So in total we are paying £119 per month in insurance. on only two items

We must be able to get it cheaper so I've come on here to ask the experts! Any advice please

dunstonh

Any advice please

Board is not authorised to give regulated advice. So, you just get opinion and comment.

You can almost certainly get it cheaper. However, it really depends on whether you want dirt cheap with lower quality or decent quality policies or somewhere in between depending on your budget. It also depends on how you intend to buy the policies are not all versions are available on all distribution channels. i.e. quote portals tend to cherry pick certain types of insurance and totally ignore others which may be better.