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Payment protection insurance: Protecting payments

Payment protection insurance

Payment protection insurance covers loan, credit card, or mortgage repayments. Also known as PPI, and sometimes referred to as income or mortgage payment protection, policies offer peace of mind for consumers worried about being unable to cover debts and worthwhile cover against unexpected changes in one’s finances.

Loan and credit card providers will often offer loan insurance as part of their loan packages and whilst it may seem convenient at the time, it could prove far more expensive.

myfinances.co.uk has teamed up with Insurancewide to give you alternatives for payment protection cover and makes it easy to search a range of life insurance companies in the UK for cheap payment protection.

Click below to get a payment protection insurance quote and fill in one short form to find the best PPI cover that matches your borrowing needs.
    • Get an income protection insurance quote

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