By Heather Armstrong - head of marketing, Scottish Equitable Protect One of the key drivers behi...
By Heather Armstrong - head of marketing, Scottish Equitable Protect One of the key drivers behind the current boom in the protection market is the significant sea change that has affected the mortgage market in recent years - the move away from endowment mortgages to alternative product shapes. The resulting need for clients to take out separate life assurance to cover their mortgage repayments has prompted a boom in the market. This trend has been complemented by a boom in mortgage payment protection product. In recent weeks we have seen tangible evidence that increasing numbe...
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