Instant Online Insurance
 
 

Instant Online Insurance - UK Income Protection Insurance

Payment Protection Insurance - Otherwise known as Income Protection Insurance. Similar in many ways to Mortgage Protection Insurance, this is a more flexible cover that can be used for any number of purposes. The main differences between the two types of policy are outlined below :-
Mortgage protection insurance benefits are paid directly to the lender i.e. the building society or bank that granted the mortgage, whereas payment protection benefits are payable directly to you.

Payment protection benefits can be used for any purpose. They can be used to pay mortgage payments, but the premiums for mortgage protection insurance are cheaper.

Mortgage protection insurance can cover 100% of your mortgage payments up to a maximum of 65% of your normal income. Payment protection can cover up to 75% of your income.

Mortgage protection insurance gives 3 months free cover on every new policy, and the premiums are slightly less than for payment protection insurance. It is not unusual for a customer to take out both types of policy, one to cover mortgage payments, the other to pay loans etc and to provide living expenses in the event of a claim.

PROTECTYOURLIFESTYLE

ProtectionOnline
is a product from the Goodfellows group. Their Income Protection Insurance policy can provide either unemployment only cover, or disability only cover, or both combined, with benefits being payable for up to 12 months. Benefits are payable from the first day of unemployment / disability.

Click to get a free online income protection insurance quote

payment protection , income protection insurance

Payprotect
is a product produced by Webmoney and underwritten by Pinnacle Insurance plc. You will receive an instant online quote for accident & illness cover and accident & illness plus unemployment cover.

Click to get a free online payment protection insurance quote