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Paymentshield Insurance

 

 

 

Paymentshield Buildings and Contents Insurance

 

paymentshield buildings and contents insurance

Based in Southport, Paymentshield can provide home and contents insurance at various levels of cover. A range of Optional Extras are also available including, Accidental Damage, Personal Possessions cover, Legal Expenses and Home Emergency cover.

 

Click the logo above to go to a form which will enable you to get a call back from a Paymentshield representative.

 

Latest News

(PRWEB)  -- Rising unemployment figures* likely to prompt more people to take out payment protection policies – but online financial data service urges workers to read the small print – or risk being turned down for claims.

GROWING evidence that more and more people are being turned down by providers when attempting to claim on their payment protection policies (PPI) has prompted a leading financial data service to issue a ‘severe caution’ warning.

“We are experiencing increasing numbers of our site users having their claims rejected, invariably because of technicalities arising from the small print,” said Moneynet chief executive Richard Brown.

“Most vulnerable are the self-employed and short term contract workers – many policies discriminate against this profile of worker, so it’s crucial to check the policy details before signing up,” he advised.

“Mortgage Repayment Insurance insurance tends to be very popular at times of economic uncertainty, and many people may feel panicked into taking out cover with unemployment figures rising – but, when bought from High Street lenders, this cover is expensive and the policies may not cover all eventualities.”

Brown also warned against personal loan borrowers wanting to pay off loans early – and then finding that their PPI cover is non-refundable.

“Many borrowers are obliged to pay up front for their PPI cover, and then find that the insurance is non-refundable, which means that even if a well- intentioned borrower wants to clear the loan early, he or she will be out of pocket with the insurance premiums paid up front.”

*Official ONS statistics (Jan 18, 2006) showed unemployment rose for a 10th consecutive month to 5% and to a two year high.

Disclaimer:
All information contained in this press release, is for general information purposes only and should not be construed as advice under the Financial Services Act 1986.

Readers are strongly advised to take appropriate professional and legal advice before entering into any binding contracts


Paymentshield Unemployment Insurance

Your mortgage is likely to be the largest and most important financial commitment you will make. With this in mind you need to be certain that you will have enough money to meet your repayments if you lose you job (unemployment) or suffer an accident or sickness (disability). Paymentshield unemployment insurance will protect your monthly mortgage payments providing you are eligible to make a claim.

Paymentshield company profile

In November 2006, Paymentshield was acquired by Towergate, Europe's largest independently owned insurance intermediary, and is now a sister company of Towergate Partnership.

Their general insurance products are only available through financial intermediaries.

If your financial intermediary is registered with Paymentshield and the Financial Conduct Authority (FSA), they are able to access the latest products and information.

Paymentshield also have a number of introducers, who can pass on your contact details and have a member of the Paymentshield insurance team call you back to discuss your insurance options.