Mortgage Next has launched a number of insurance products for directly authorised brokers, which guarantee to pay 30% commission for the life of the policies.
Forever tarred with the same brush as its cousin payment protection insurance, MPPI has still not been given the opportunity to flourish. Barbara Cockburn insists that the time is now. Click here to download pdf
Paymentshield's plans to launch mortgage payment protection insurance which incorporates the benefits of income protection has raised hopes a 'hybrid' product may solve some of the problems inherent in the industry.
Paymentshield is launching a mortgage payment protection insurance product in late summer, which is designed to incorporate the benefits of income protection.
The Office of Fair Trading has referred the payment protection insurance market, including mortgage PPI, to the Competition Commission for further investigation following its consultation with businesses, consumer organisations and trade associations....
The Association of Mortgage Intermediaries is calling for mortgage payment protection insurance to be excluded from the proposed PPI referral to the Competition Commission.
A mortgage payment protection insurance policy designed to meet treating customers fairly principles has been launched by CETA Insurance and Cardif Pinnacle.
Have sales of mortgage payment protection insurance been affected by the introduction of general insurance regulation earlier this year? Johanna Gornitzki investigates Click here to download pdf
Mortgage payment protection insurance (MPPI) is constantly criticised for its failings in comparison to income protection (IP). But what advantages does the product have and in what instance is it a more suitable product than IP?
budget protection focus
The Association of British Institutions and Council of Mortgage lenders are keen to boost market as State gradually withdraws its support
MPPI rates remain competitive, however tighter underwriting on unemployment cover could be on the cards if the economic slump continues, writes Kirstie Redford
MPPI, although often the subject of criticism, is sold more frequently than any other type of mortgage protection. Adele Burton asks whether it is a product IFAs should still be recommending
As mortgages become increasingly flexible and more borrowers switch between lenders, Kirstie Redford asks if there is a need for more portability in the MPPI market?
Sales of mortgage payment protection (MPPI) are slowly increasing, but there are still wide-spread misconceptions about both the product and what the State will provide if people are unable to work due to sickness, disability or unemployment, as Ben Marquand...