Will Mortgage Paypment Protection pay out after a settlement agreement?

Cybes100

If I accept a settlement agreement, will my Mortgage Payment Protection policy still pay out?

Thanks.

LittleVoice

Cybes100 wrote: »

If I accept a settlement agreement, will my Mortgage Payment Protection policy still pay out?

Thanks.

Is the mortgage payment protection insurance in respect of redundancy? If so, is your employment being terminated on the grounds of redundancy?

Cybes100

Hi, yes, the policy does cover redundancy, and yes, my employment is being terminated by 'redundancy'. (Although it's via an agreement, not compulsory).
Thanks.

arbroath_lass

Cybes100 wrote: »

Hi, yes, the policy does cover redundancy, and yes, my employment is being terminated by 'redundancy'. (Although it's via an agreement, not compulsory).
Thanks.

Mine only covers compulsory redundancy. You could call them and ask or check your policy.