SOME FACTS ABOUT MORTGAGE PAYMENT PROTECTION INSURANCE

November 19, 2007

Cover for Accident, Sickness (Disability), Involuntary Unemployment, Hospitalisation or Carer Cover in respect of your mortgage repayments and other regular monthly commitments:

Mortgage Protection: Cover available via this mortgage payment protection insurance policy is for the amount of the monthly mortgage repayment plus up to an additional 25% for other monthly commitments.

Mortgage Protection UK: Maximum mortgage payment protection benefit available via this mortgage payment protection insurance policy is £1500 per month or 75% of your normal monthly income, whichever is the lesser for Accident, Sickness (Disability) or Unemployment.

Mortgage Insurance: Maximum mortgage payment protection Benefit Period via this mortgage payment protection insurance policy is 12 months in any one claim period.

Mortgage Insurance UK: The first month’s mortgage payment protection benefit is paid after 30 days, back dated to Day One.

Mortgage Protection Insurance: All mortgage payment protection claims for Accident, Sickness (Disability) and Involuntary Unemployment paid via this mortgage payment protection insurance policy on a daily basis, monthly in arrears

Mortgage Protection Insurance UK: Two months Carer benefit paid via this mortgage payment protection insurance policy after 60 days and then on a daily basis monthly in arrears.

Mortgage Protection Cover: One months Hospitalisation benefit paid via this mortgage payment protection insurance policy after 7 days and then on a daily basis monthly in arrears from day 30.

Mortgage Protection Cover UK: There is a 3 month re-qualification period after each claim.

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