Loan Payment Protection Insurance
This loan payment protection insurance
policy offers reasonable cover at a very competitive premium. It provides cover if you are unable to meet your loan repayments against, accident, sickness, unemployment and redundancy (but not life or critical illness insurance).For a free loan protection insurance quote and immediate cover you must use this link
A Key features document is available here
Or you may wish to contact us on 0870 7456247.
(You must take out this insurance on-line.)
Links to other pages
related productsKey Features
| Excess | Unemployment OR Disability |
Unemployment AND disability |
| NIL | £2.50% | £4.00% |
| 30 | N/A | N/A |
| 60 | N/A | N/A |
e.g. If your loan repayments were £1000 then the loan payment protection insurance would cost either £25.00 and £40.00 a month depending on whether you want cover just for unemployment/ redundancy or accident and sickness as well.
- NIL - First payment is made on day 31 to cover days 1 - 30
- 30 - First payment is made on day 61 to cover days 31 - 60
- 60 - First payment is made on day 91 to cover days 61 - 90
- 60 days
- Exclusion transfer is available if you change to this policy
- No free cover is provided under this policy
- Your loan repayments or £1,000
- To qualify for our policy, you must be between the ages of 18 and 60, live in the UK, have been in full time work for at least 6 months and be unaware on any impending redundancy or unemployment.
- 12 months
- Optional
- Not suitable for IT/ telecoms/ finance/ insurance
About us
B. Portwood & Co Ltd are based in North-east England (UK) and have three offices in Gateshead, Consett and Bishop Auckland. We have been in business for 40 years, been regulated by the IBRC (and could call ourselves brokers), are regulated by the Financial Services Authority for the arrangement and administration of non-investment insurence contracts.
We have always acted in our client's best interests and fully intend to keep on doing so. Our aim is to provide the cover UK residents deserve
As you can see, we offer a range of income and mortgage protection insurance policies. (A list is found here) as well as loan protection insurance. If you would like help please call us (0870 7456247.) and we can discuss your additional requirements other than just loan payment protection insurance.