In 2025 we launched our new Mortgage Payment Protection Insurance (“MPPI”) range. Our MPPI products are designed to offer peace of mind in the event of accident, sickness or unemployment by covering the cost of a policyholder’s mortgage payment for up to 2 years.
Our policyholders can also insure an additional amount worth up to 50% of their monthly mortgage payment. This can help provide support with other household expenses such as council tax, utility bills and groceries. This means that in the event of a claim our policies can provide protection of up to 150% of the cost of a policyholder’s monthly mortgage payment.
We offer three different levels of cover allowing applicants to choose the product that fits them best:
With a legacy dating back to 1874, we pride ourselves on providing high standards of customer care to all of our policyholders. Our commitment to achieving excellent customer outcomes is reflected in our partnerships with some of the UK’s leading customer service agencies.
Accident, Sickness & Unemployment
Our highest level of cover provides a monthly benefit in the event that policyholders are unable to work due to accident, sickness or unemployment for up to 24 months to help cover their mortgage payments and any additional expenses.
Accident & Sickness only
Our most cost-effective option provides a monthly benefit in the event that policyholders are unable to work due to accident or sickness for up to 24 months to help cover their mortgage payments and any additional expenses.
Unemployment only
Our unique offering provides a monthly benefit in the event that policyholders are unable to work due to involuntary unemployment for up to 24 months to help cover their mortgage payments and any additional expenses.
With no upfront medical assessments, we can provide cover on the same day. We even cover pre-existing medical conditions providing applicants have been symptom free for 24 months before taking out a policy.
To be considered for any of our MPPI products applicants must be:
- Aged between 18-64 years old;
- Named on a residential mortgage agreement that started within the last 6 months, for a property in which they permanently reside;
- A UK resident living in a UK property (which excludes the Channel Islands and Isle of Man);
- Working more than 16 hours per week;
- In continuous employment for at least 6 months and classified as full time employed.
We understand that every applicant is different, which is why we allow our products to be tailored to each individual’s needs. We offer different Initial Exclusion Periods (90-180 days), Excess Periods (30-180 days), Benefit Periods (12 or 24 months) and different levels of cover to suit a policyholder’s personal circumstances.
We want to ensure that our policies are only sold to customers who really need them. For that reason our products will only be available via one of our carefully selected advisers.
If you are an IFA, mortgage adviser or a network and would like to explore the opportunity of adding our MPPI products to your existing protection offering, please contact our Business Support team on 0800 066 2723.