PPI INSURANCE - PAYMENT PROTECTION INSURANCE 

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Payment protection insurance can give you peace of mind, by protecting you against financial loss in the event of an accident, injury or redundancy which could put you in a difficult situation. Whether you are looking to cover your mortgage payments, your loan payments or even your income, there are now plenty of excellent PPI insurance providers to help you. You can protect yourself against the unexpected with the right insurance policy. Use the chart below to compare the main advantages and disadvantages of each PPI insurance provider and to weigh up the differences in what is offered. Think about how much cover you need; PPI insurance providers vary in the terms and policies they offer. To keep premiums down make sure you are only covered for what you need and not for anything that you do not. As with any type of insurance, you should take your time and find out the terms and conditions under which you can claim.

Search Report: ALL  Providers  Brokers  All Payment Protection Insurance  Income Protection  Loan Protection  Mortgage Protection

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

PROVIDERTYPE

TYPE

Broker or Provider

PPI INFO

PPI INFO

PPI information necessary

POLICY

POLICY

Details of the insurance policy

COST

COST

Cost of policy

EXCESS

EXCESS

An excess is a payment you have to make if you decide to claim on your policy

COVER

COVER

Details of cover available

METHODS

METHODS

Application Methods available

SUITABLE

SUITABLE

Who insurance is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions for applicants

MORE INFO

Best Value Cover Income Protection
Best Value Cover Income Protection

BrokerLife, Payment and Mortgage Insurance BrokerBest Value Income ProtectionFrom 92p per dayDepends on providerType

Cover Type

Income Protection Broker


Level

Cover Level

Depends on policy chosen


Detail

Cover Detail

Life,Income and Mortgage protection up to 85 years

OnlineSuitable For

Suitable For

Restrictions

Restrictions

Minimum age 18 years

Best Value Cover Income Protection
BestValueCover.uk.com is one of Britain's leading brokers for protection insurance. Let them do the work to shop around and find the best insurance cover for you. Income protection insurance will step in if you fall ill or have an accident and find yourself unable to manage financially. Get the best and cheapest available protection for your income and the future of your family from just 90 p per day. Best Value Cover will compare the best plans from the top brands. Why not get your no obligation quote now! DETAIL INFORMATION >>Services

Services

Cover up to £10000


Advantages

Advantages

1.Cover from just 92p per day
2.Compare the best plans from the UKís top brands
3.Get the best cover for you
4.Simple, quick and no obligation


Disadvantages

Disadvantages

No quote before application

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

Compare PPI Payment Protection Insurance

Payment Protection Insurance (PPI) covers your loan or debt repayments in the event of certain situations. Make sure you know that facts.

What is Payment Protection Insurance?

Payment protection insurance is a type of insurance designed to cover you if you lose your income due, to an accident, illness or being made redundant.

Payment protection policies are often sold as part of the deal when customers take out a loan, mortgage or credit card but you can also find stand alone polices.

Why do you need it?

One of the main concerns for people taking out a loan is whether if their situation were to change will they be able to meet the monthly payments if they lost their job or got ill. Not meeting payment deadlines can have severe consequences. By missing payments you will have to deal with expensive interest charges and other fines which can easily accumulate. You can end up in a debt situation and damage your credit rating making it difficult for you to borrow in the future.

PPI policies can be used to protect mortgage and credit card payments and those on loans. If you are worried about the potential possibility of being unable to make the payments you can take out payment protection insurance. PPI is designed to cover the repayments if your circumstances change or you are no longer able to meet the financial commitment.

Choosing a policy

How PPI policies work and the range of benefits they offer vary significantly from policy to policy. As with any insurance policy prices differ a lot so take the time to research the market. You can compare different policies in the table above.

Before you take out a PPI policy, make sure you are clear on the conditions of the policy. As with most forms of insurance there are exclusions or clauses which may affect you Ė so go over them carefully and make sure you are fully aware of what is and isn't covered.

What About Mis-Selling Stories?

You will probably be aware of the recent PPI scandal in the UK where lenders were selling policies without clearly explaining what they were for. In some cases people didnít even know that they had taken out PPI. As such the banks are facing the biggest ever compensation bill for selling insurance to people who did not need it or could not use it. Some people also realised that the PPI they had did not adequately cover them when they came to make a claim so you really need to make sure that you read the policy carefully and ask any questions you may have.

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