City Connexions enters MPPI market

The product has been priced at £3.90 per £100 of mortgage repayment on a 12-month basis, covering accident, sickness and involuntary unemployment. Combinations are also possible, such as accident and sickness or unemployment as standalone cover. The accident and sickness benefits period can be extended to 24 months. Pricing quoted on Citi Connexions website includes 24 months accident and sickness combined with 12 month involuntary unemployment at £4.75 per £100, 12 month accident and sickness at £2.75 per £100, and 12 month involuntary unemployment at £2.90 per £100. The maximum sum i...