With British unemployment at the highest level since 1971, consumers are more anxious than ever about the risk of redundancy .
As the situation is likely to worsen over the coming months, the price comparison site, comparethemarket.com, has launched a new payment protection service which enables consumers to search for the best deals for protecting their income and mortgage or loan payments should the worst happen.
"With the current economic turmoil and the risk of redundancy increasing, it is more important than ever for consumers to evaluate their need for payment protection insurance . A payment protection policy can be a consumer's best friend when times are tough, whether they are forced out of work due to redundancy or unexpected illness," said Jeremy Moll, Commercial Director, comparethemarket.com.
At comparethemarket.com, consumers will be able to look for a suitable policy that will cover them in areas including sickness, accidents or loss of income .




