Looking for the best mortgage protection insurance quotation? If so, simply find the company that best matches your life profile using the Insurance Quote finder or get an online quote direct from the top UK insurers listed on the right.

Alternatively, read our guide below concerning what the public need to know regarding insurance and the protection of your mortgage.

Mortgage Protection Guide

What is covered?

As the name implies, mortgage payment protection insurance or (MPPI) as it is otherwise known usually covers the monthly mortgage payment for a period of either 12 or 24 months as protection in the event the policyholder is unable to work through illness, injury, or involuntarily unemployment.

There are of course different variations in the types of product available and these can often match mortgage requirements such as interest only, repayment, and endowment mortgages. Some companies also include the payment of household buildings and contents insurance premiums within the scope of the mortgage protection policy to give further piece of mind.

This type of policy is designed to cover unexpected events such as unforeseen illnesses and therefore, pre-existing medical conditions are normally excluded. Unlike other insurance’s these products only protect the mortgage payments for a short period of time compared to the life time of most mortgages.

The good news is that the insurance market for mortgage protection is extremely competitive both online and offline. In some cases cover can be purchased for a fixed premium per £100. This is useful to those who require indicative quotations regarding cost. If you are offered protection insurance from the mortgage lender, consider obtaining quotes from other companies to compare levels of cover and affordability.