Insurers try to restore broker confidence in MPPI
Mortgage PPI must be excluded from the Competition Comission's investigation into payment protection insurance, the AMI argues.
There is no doubt about it, 2009 is set to be yet another depressing year for MPPI. Inextricably linked with the mortgage industry, Peter Carvill asks how the product will fare Click here to download pdf (PDF, 1.57MB)
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.
The future is bright?
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.
With the ABI now turning its attention to income protection, what can be done to give hope to a product that has suffered yet more declining sales? Lucy Quinton investigates Click here to download pdf
Key figures in the income protection market have reached a consensus on the issues which must be addressed to improve sales and increase awareness of the product.
Borrowers are steering clear of a truly accessible policy plan, seemingly based on bad PR and lack of information. Barbara Cockburn asks why so many homeowners are avoiding MPPI Click here to download pdf
Senior partner at CWC Research and co-founder of the Income Protection (IP) Task Force Clive Waller tells Johanna Gornitzki why IP is still the golden product of the protection market
Sarah and her husband Carl are both 34-years old. Sarah works as a dentist and Carl is an IT manager. They have a combined salary of £95,000. They currently have mortgage protection payment insurance (MPPI), which they bought when they purchased their...
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?
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
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...
Most people will be aware that the Government has been realigning State benefits and that the support it will offer to mortgage borrowers has changed.