mortgage protection insurance

Mortgage Protection Insurance

This mortgage protection insurance policy offers reasonable cover to protect your mortgage payments in the UK at a very competitive premium. The best rates are for combined accident, sickness, disability and unemployment cover - especially if you take an excess.

For our best mortgage protection insurance, click on this link to request more information

Or you may wish to contact us on  0870 7456247.

(This policy is not available without contacting us.)

Mortgage payment protection insurance - 1

Mortgage protection Insurance - 2

Income protection insurance (Non IT) - 1

Income protection insurance (Non IT) - 2

Income protection insurance (IT, Financial)

Loan payment protection insurance

Combined protection (mortgage + income)

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Payment Protection Insurance information

Key Features

Cheap Premiums
Excess Job Loss Only

Combined Cover

NIL £3.55% £3.75%
30 £3.05% £3.05%
60 £2.70% £2.75%

e.g. A quote for £1000 cover would cost between £27.00 and £37.50 a month depending on benefits

A Note about the excesses
  • 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
Initial exclusion period
  • 60 days
No free cover
  • No free cover is provided under this policy
High sums Insured
  • Up to the lower of:-
    • Your mortgage payments + related benefits + 25%
    • £1,500 per month
    • 65% of your gross income
Qualifications
  • 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.
Benefit Period
  • 12 months
Combined Cover
  • The Underwriter allows the policy to be extended to provide income protection cover as well providing the total benefit does not exceed £1,500. (Different rates apply for the income protection benefit section)
  • You may use our 1st income protection insurance policy as well if you need more cover.

Mortgage payment protection 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