Mortgage Protection Insurance Against Unemployment
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Get online quotes for mortgage insurance in the event of becoming unemployed. This cover will go towards protecting your repayments for a 12 month period in the event of you unexpectedly losing your job. Get online quotes today.
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If you were to lose your job with no benefits or redundancy, the insurance received through a mortgage payment protection insurance policy could be crucial in managing mortgage repayments during a difficult period. MPPI will typically help to cover payments for 12 months. When searching for insurance quotes regarding unemployment mortgage cover, it is important to remember that this type of policy is intended for customers who have unexpectedly lost their source of income through no fault of their own.
When the independent publisher Josh Gray worked for unexpectedly went bust, he could have been left without any way of paying his mortgage and supporting himself. Thankfully, his mortgage protection insurance came through when he needed it most.
‘Without my mortgage protection insurance I’d never have been able to keep paying my mortgage by just using my savings, luckily the money I received helped me stay on top of my payments whilst I found a new job.’
After a few months of searching, Josh is now back and gainfully employed in the publishing industry.