Accident and Redundancy Insurance
Accident and redundancy insurance is usually part of the more general Accident, Sickness and Redundancy (ASR) Insurance. Accident and redundancy insurance can be purchased as stand alone insurances. They are optional insurances usually purchased to ensure that your mortgage is paid if you are off work as a consequence of an accident or redundancy. This is also why it is commonly known as Mortgage Payment Protection Insurance (MPPI). The downside, like all insurances, is that you have to purchase it in advance. But on the flip side, given the choice of paying a relatively small payment per year or the chance of losing your home as a consequence of an accident or redundancy, which would you choose?
If you are employed you may have a scheme at your place of employment covering you in case of an accident, but it is highly unlikey you will be covered against redundancy.
Blue Moon are not tied to just one insurance company, we are working on your behalf and will search through the leading accident and redundancy insurance providers to make sure that you have the best accident and redundancy insurance to suit your pocket.
If you would like a quote for your accident and redundancy insurance give one of our friendly advisers a call on 0800 011 20 21.
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