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Mortgage repayment insurance

 by enhanced @ 2006-06-14 - 10:56:01

If you have a mortgage then you might have thought
about taking out some mortgage
repayment insurance. Mortgage repayment insurance is also known as
mortgage payment protection insurance or MPPI.
Essentially this type of mortgage insurance
protects your mortgage repayments in the event of accident, sickness or
redundancy. If you take out a Mortgage repayment insurance policy then you can
choose which parts of the cover you need. This will affect the monthly insurance
premium.
There are many places to buy Mortgage repayment
insurance and some of the most expensive are from the lenders themselves. Much
better to buy Mortgage repayment insurance from a broker who can give you some
choice and cheaper mortgage insurance premiums.
Mortgage
repayment insurance
 

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