Paymentshield insurance is a UK
based company that specialises in mortgage payment protection insurance, and
has won many awards for it's excellent service standards and comprehensive
cover, combined with some of the lowest monthly insurance premiums in the industry.
The Paymentshield insurance policies are sold through a network of agents
and financial advisors, as well as web sites that make the buying of mortgage
protection insurance easier and less time consuming than having to have a
face to face appointment at an agents office.
This web site will transfer you
to one of Paymentshield insurance main agents who have a
dedicated administration office set up to handle personal queries and deal
with the online application forms that can be accessed by using the menu
above.
This facility will enable you
get online, instant quotes for mortgage payment protection insurance and also enable
you to apply for accident, sickness and unemployment or redundancy insurance on a secure server.
The
financial newspapers have recently
covered the topic of mortgage payment protection insurance in a bid to try
and get the uk mortgage lenders to reduce their premiums levels on the basis
that there is speculation that they are profiteering at the expense of the
customer when the new mortgage borrower is at their most susceptible.
Simon Burgess,
of British Insurance, has been
campaigning for some time to get this activity in to the open and seems to
have succeeded in that the Financial Services Authority is currently looking
at all aspects of the selling of mortgage payment protection insurance, with
a view to making the industry more accountable, fair and not misleading.
This web site acts as an online
introducer to the Payment Shield range of mortgage payment protection
insurance policies and enables online instant
quotes and secure online applications for mortgage payment protection
insurance.
To
be eligible for Paymentsheild Mortgage Insurance the following conditions
need to be met:
• be
aged 18 (eighteen) or over, and under the age of 64 (sixty four)
• live in the United kingdom
• be in paid work of at least 16 (sixteen) hours per week
• be named on the lenders mortgage agreement
• be paying or about to pay a mortgage agreement
• be up to date with your monthly mortgage repayments, if you have an
existing mortgage
Payment Sheild claims to be the largest independent supplier
of insurance products for the mortgage market. It was founded in 1992 and in
2006 became a sister company of the Towergate partnership.
How can I protect my mortgage from
unemployment or redundancy ?