For years now high street
mortgage lenders have charged well over the odds for mortgage protection
insurance. Most people have gone along with these repayments because they were
unaware that other products were out there. Independant mortgage protection
insurers such as BAPB offer policies with excately the same
cover as the high street lenders with additional
benefits such as "back to day one" cover which in effect removes any
excess period.
The main advantage of our mortgage protection insurance
product is the rate, on average the main street lenders charge well over
£5.00 per £100 insured with some lenders charging more than
£7.50. Our rate is £3.95.
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Much lower rates,
average for main street mortgage lender is over £5.00 per £100
insured, our rate is only £3.95 per £100 insured
for excately the same level of cover.