Click Here to get a quote for Job Loss Mortgage Payment Protection Insurance that covers mortgage payments or loss of income due to accident, sickness or redundancy.
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Who needs Job Loss Mortgage Payment Protection Insurance? Just consider these worrying statistics about unemployment and disability in the UK: Every day 90 families have their home repossessed. The majority of these repossessions are because of the financial hardship caused by job loss. 20% of all working age households (3.8million) have someone who is currently out of work. Every day 500 people loose their job through redundancy. Nearly 70% of unemployed men and 50% of unemployed women will be out of work for over 6 months. A third of all people aged between 26-37 have experienced unemployment for a period exceeding 2 months. Every day 3,000 people will attempt to claim State Disability Benefits. Nearly 3 million people are disabled and have been unable to work for a year or more. Source: Department of Work and Pensions, 2003
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. |
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Regulated by the Financial Services Authority
