MPPI is normally effected alongside a new mortgage, although it can be added to existing mortgages. The policy provides a tax-free monthly benefit and is payable for from between 12 months and two years after a minimum deferred period of 30 days. The monthly benefit is normally limited to 125% of the mortgage repayments, providing cover for buildings and contents insurance, term or endowment premiums and the MPPI premium itself, therefore covering all mortgage related expenses.

Please note both policies have exclusions.

Please contact us directly or use our online enquiry form for more information or if you wish to arrange some MPPI. Alternatively we can review your existing arrangements.