The Wayback Machine - https://web.archive.org/all/20050305081958/http://www.accepted.co.uk:80/protect-your-payments.php
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| Homeowner Secured Personal Loans in the UK |
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Payment Protection Insurance
As long as you are under 60 years old you can select to insure your loan payments against the risk that you are unable to make your loan repayments because of (normally) accident, sickness or redundancy (for employed clients) or hospitalisation (for self employed clients).
We strongly recommend that you take out this insurance when you apply for your secured loan. You can select to cover both yourself and your partner (if they are working). With the cutbacks in benefits announced by successive governments you can no longer rely on the state to support you and this insurance covers the majority of eventualities that may cause clients to get into difficulties.
What's more the cost can be included in your loan repayment. Most of us insure all our major expenditures such as our house and car so in our view it makes sense to insure your loan for the peace of mind it gives you. An accident or sickness can happen to anyone at anytime. Make sure if it happens to you that you and your family are protected.
Find the best rate secured loan deal for you - apply now >>
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Also, there are no medical forms to fill in or medical examinations to attend. If you are unlucky enough that you need to make a claim then after a qualifying period the insurance company will pay the lender direct to make things as easy as possible for you at what might be a diffficult time.
For the best cover, ask one of our team when choosing your loan.
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WARNING: THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. LOANS ARE SECURED ON YOUR HOME.
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