What is the difference between Income Protection and Loan or Mortgage Payment Protection (MPPI) ?
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 loan or mortgage repayment, household bills such as rent, credit cards, school fees, gas and electricity and removes the need for costly separate cover. It requires just one policy for your whole working life and the premium will not increase according to age for the duration of the policy.
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