Income Protection Insurance - Payment Protection Insurance
Financial Services > Income lnsurance > Income Protection Insurance > Payment Protection Insurance
- Payment Protection Insurance
- Long-term sickness defined
- Purchasing Income Protection
- Checking the small print
Payment Protection Insurance
Payment protection insurance covers unemployment as well as poor health. However, it usually only pays out for a maximum of 12 months, or 24 months in a minority of cases, meaning a person suffering with a long-term illness or injury could still find themselves without an income for a considerable period.
Payment protection insurance is also commonly known as accident sickness and unemployment insurance (ASU), loan protection insurance, mortgage payment protection insurance (MPPI) and income payment protection insurance (when used to protect a policyholder’s general lifestyle).
With all these terms, payment protection insurance can often be confused with income protection insurance, especially as income payment protection insurance is often incorrectly labelled as income protection insurance – which can be very misleading.
Complete the form below and we will compare the whole market for the cheapest income protection insurance quotation and provide advice for the most suitable policy for your circumstances.
| Income Insurance news |
|---|
| 1 minute life insurance check unveiled by London and Country - Wed, 10 Mar 2010 |
| Aegon launches telephone claims service for critical illness - Mon, 08 Mar 2010 |
| LV reprices critical illness products - Thu, 04 Mar 2010 |
| More News |
Save on Your Mortgage
Would you like to save money on your mortgage? Fill out our quick mortgage enquiry form.
Protect Your Health
Find Critical illness, Life and Private Medical Insurance PMI policies.