Unexpected redundancy can ultimately lead to the loss of your home if you have not made provision to ensure the monthly mortgage repayments are protected.

Mortgage Payment Protection is an insurance product designed to do just that. It allows you to protect a percentage of your income to a maximum monthly amount that must not be greater than the monthly mortgage repayment.

Mortgage Payment Protection cover varies between providers who offer a benefit amount between 50-60% of your gross monthly income to a maximum monthly benefit of between £1000-£2000 per month.

You must not be aware of impending unemployment either before or during the exclusion period. Ant Insurance offer the shortest exclusion period at just 60 days in comparison with others of up to 180 days. This can make the difference between being eligible to claim and not so it is important to compare Mortgage Payment Protection policies very carefully before you buy.

Mortgage Payment Protection is an important and competitively priced insurance that literally can keep the roof over your head.