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Jul 8, 2006 Enhanced Wealth Limited have recently launched a new mortgage payment protection insurance policy in conjunction with British Insurance which offers lower premiums for customers. Source: http:/ (PRWEB) July 8, 2006 -- Enhanced Wealth Limited have recently launched a new mortgage payment protection insurance policy in conjunction with British Insurance. Best Insurance is a brand new mortgage payment protection insurance which has premiums based on the applicants age. This can mean big cost savings for many people who wish to take out mortgage payment protection insurance. Best Insurance also has a higher monthly benefit limit of £2000pm meaning those people with higher mortgage repayments can now insure them against accident, sickness or unemployment. Mortgage payment insurance or Mortgage Payment Protection Insurance (MPPI) is designed to provide a level of assistance with mortgage and associated repayments if the insured person is unable to work through illness, injury of involuntary unemployment. The monthly benefit payments under the Mortgage Payment Protection Insurance policy are paid out up to a maximum period of benefit which is usually 12 months. The Mortgage Payment Protection Insurance policies usually charge a fixed premium rate based on the amount of monthly benefit purchased but Best Insurance is based on age related premiums, bringing the monthly cost down for younger customers. There is no loading for smokers, vocation or physical history but it is normal to exclude Mortgage Payment Protection Insurance cover for medical conditions which pre-exist the start of the Mortgage Payment Protection Insurance cover. Enhanced Wealth Ltd will offer this new Best Insurance policy alongside other plans available from British Insurance. These include fixed rate mortgage repayment protection insurance, income payment protection insurance and loan payment protection insurance. All policies are available from www.enhancedwealth.co.uk with online quote facilities and a secure application process. ### |
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