Loan insurance

Hendrix_lennon

I've recently had PPI taken off my loan and I'm now looking to have a stand alone insurance put in place on it.

Has anybody done this before and are able to recommend a good, trustworthy company?

:money:

InsideInsurance

What risks do you want covered?

PPI is just an ASU policy and you'll find hundreds of intermediaries that sell it but there is only a relatively small numbers of actual underwriters.

The limitation of ASU is that it is a maximum of 12 or 24 months coverage. If you need longer coverage you can get PHI insurance which provides income up to a predefined age but has no unemployment cover.

Hendrix_lennon

It would be employment cover basically.
My work covers me in the event of illness and serious injury.

InsideInsurance

Technically unemployment cover.

There are some that do unemployment only cover but having a quick look at British Insurance as an example, they charge the same for U only as they do for ASU so may as well have the full cover.