Differences with Mortgage Protection and other PPI products?
Mortgage Protection (MPPI) Covers your mortgage repayment and additional associated costs. Generally you would require a new policy with each new mortgage you obtain so pricing and acceptance could then be affected over time by your health and your age. Income Protection Covers a percentage of your income and is paid directly to you and you choose how to spend it. It can provide for any monthly repayment such as loan, mortgage, rent, credit cards, school fees, food, gas and electricity and removes the need for separate cover (although you can just cover mortgage or loan repayments if you wish). It requires just one policy for your whole working life.
