Mortgage protection insurance offers you peace of mind if you’re struggling to cover monthly repayments due to a situation beyond your control.
Whether it’s due to a sudden job loss, long period of sickness, or some other circumstance that’s going to stop you from working, not being able to pay off your mortgage is one of the most stressful experiences to go through.
To help you manage issues such as these, many insurance providers offer mortgage protection insurance (also known as MPPI).
This insurance protects your investment in your property by paying your monthly repayments on your behalf for up to two years while you’re recovering or looking for new work.
This insurance can often end up costing a lot if you go with many of the high street providers, so we’d recommend getting in touch with one of our insurance advisors first. Not only do we provide a comprehensive review of your requirements; we also have access to exclusive deals from specialist providers that you won’t find anywhere else.
How Can Rite Mortgages Help You Protect Your Mortgage Payments?
We have over two decades of experience in the insurance industry.
We provide laser-accurate advice on which insurance to take out with which provider.
We offer free, no-obligation consultations to fully understand your situation.
We work with exclusive specialist providers that you can’t find elsewhere.
We’re directly Authorised by the FCA (Financial Conduct Authority)
Should I Get Mortgage Protection Insurance?
We’d always recommend considering mortgage protection insurance to keep your payments covered, just in case something unexpected happens. Many lenders offer attractive deals, but you can usually find a fantastic rate if you do some extra research. Take a look at what mortgage protection insurance provides for specific situations:
Mortgage protection insurance is extremely useful in the unfortunate case that you are made redundant. If you get notified of a redundancy, you should evaluate whether or not it’s worth making a claim based on the payout you receive. If you make a claim, generally speaking, the rate will change and you’ll end up paying more in the long run, when your redundancy payout might cover the cost instead.
Be aware that many workplaces and government-assisted mortgages offer MPPI as part of the agreement you may have, so it’s worth checking to see if you’re already covered before going ahead.
For illness or accidents requiring a long recovery period
It’s impossible to know when you might get ill or end up in an accident, so it’s best to stay cautious. It’s often worth taking out some form of mortgage payment cover when buying a home, even if you can’t see any potential risks in your future.
The peace of mind gained from knowing you have some time to recover without the stress of finding money for your mortgage can more than make up for the price of the cover itself. If you’re still not sure, feel free to get in touch and we’ll advise you on everything you need to know.
Keep your mortgage covered.
Make sure you can pay your mortgage in the event of illness or loss of work. Our insurance advisors will the find the ideal insurance for you. Fill out the form below.
This is third time we used your company, the level of service, professionalism and dedication shown by Mr Rodden as been superior. In his words "Perfect" Thank you again for helping us secure property/mortgage number three.
Great service from start to finish, highly recommended Made the whole process easier and stress free for us
went above and beyond for us especially with all of the issues with our solicitors.
Thank you so much to Steven for everything he has done for us. As first time buyers, the mortgage market was not easy to search and compare. Steven was professional, approachable and sorted everything out for us. We had a mortgage acceptance and offer within 24 hours. The service was fantastic and I cannot reccomed Steven and RiteMoney enough. Thank you!
Amazing customer service, my third time using Rite Money. Can highly recommend!
Very pleased with how efficient you guys were. After weeks of frustration with our bank TSB (which we thought would be the easy option) we wish we had contacted you guys first very quick process start to finish
The service provided was great. I would recommend rite money to anyone. Thank you to Steven and Hayleigh for all the help you where amazing through it all and able to help answer all my questions.
Fraser provided us with an excellent service and everything was completed quickly and efficiently. He made the whole process easy and was always very friendly. He replied to emails quickly and always ensured that he made himself available if we had any questions.
I am extremely happy with the service provided to me by Steven Ward and his colleagues whilst purchasing my first home. They were all very efficient and helpful and Steven could not have done any more for me. A very reliable and professional firm.
Steven has made the process of finding and changing mortgages and life insurance a seamless and stress free one. I have not had to concern myself with anything. He was helpful and supportive when I didn’t understand something during the process. He is able to explain things in an easy to understand way and I had every confidence that I would get the best deal for me
Steven was very helpful, and kept us updated throughout. Even when we hit a small (slight understatement), he had a plan B which meant we were able to get the home we wanted.
I had been rejected by a financial advisor previously and didn’t hold much hope of getting any sort of mortgage, but here I am. I picked up the keys last week and was in regular contact with the team right up to moving day. I cannot recommend rite money enough. Thank you for taking a lot of stress of my shoulders.
Let me be clear, I do not usually write these reviews, however...... Steven Rodden was exceptional from The start of our process to the end, and it was lengthy due to being unable to find a suitable property. Steven was very patient, always willing to go an extra mile to help us out, I would recommend Steven to anybody!! Exceptional service and comes extremely recommended First class..... Thanks Steven
Absolutely brilliant from start to finish. Very professional and dedicated staff. Can't thank them enough for all their efforts .
Great service, kept me up to date with my re-mortgage at all times, thanks for all your help.
Steven was highly personable with his approach and I felt that I could get in touch with him with any queries at anytime. I would highly recommend his services.
Steven was incredibly helpful from start to finish. It can be a minefield out there when applying for a mortgage and Steven guided me through the steps and explained everything in a way for me to fully understand what was happening. Exceptional service provided, highly recommend.
Friendly and efficient service.
Rite mortgage exceeded my expectations.
I highly recommend using Rite Money. They found me a mortgage when I was not sure I could get one. My advisor Steven Ward and also Hayley Kinsella were brilliant all the way through, Thank you guys.
Steven Ward is a credit to your company.. from start to finish he has been with me every step of the way, and so smoothly, i really could thank him enough for all his time and effort. Thank you Steven you have been fantastic!!!
With all the disadvantages to getting a mortgage you could think of, these guys still delivered in full. Thank you so much. I have my life back!
This is my second time using ritemortages and they have never failed to please me with their expertise and knowledge of mortgages on the market. The adviser which dealt with me on this occasion was Fraser Pete whom was very professional and efficient whilst giving me the right advice for choosing the right product that's right for me. My adviser was also always on hand to answer any questions that I had or anything that I didn't understand. On my first occasion my mortgage adviser was Scott Farrell who was also excellent in providing me with the right Mortgage with the right lender for my buy to let properties. The whole team at ritemortages were very helpful and professional at what they do. Abdul K Barik
Great experience remortgaging with Rite mortgages. Everyone was very helpful and the whole process was completed very quickly. Really impressed with the service!! Thank you to the team. Can we publish your Testimo
Adviser was really helpful, empathetic and honest advice, and solid product knowledge backed up by helpful support team
The bank told me that since I’m self employed I couldn’t get a mortgage. You got it in 2 weeks.
We had almost given up hope of remortgaging our house because of our age… we now have a mortgage we can afford.
Buying my first flat couldn’t have been easier… it was really simple.