Accident Insurance
Accident insurance is usually part of the more general Accident, Sickness and Redundancy (ASR) Insurance. Accident insurance can be purchased as stand alone insurance. It is an optional insurance usually purchased to ensure that your mortgage is paid if you are off work as a consequence of an accident. 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, which would you choose?
If you are employed you may have a scheme at your place of employment covering you in case of such an event, before purchasing a mortgage payment protection insurance policy it may be best to check what your employer offers you in these circumstances.
Blue Moon are not tied to just one insurance company, we are working on your behalf and will search through the leading accident insurance providers to make sure that you have the best accident insurance cover to suit your pocket.
If you would like a quote for your accident insurance cover give one of our friendly advisers a call on 0800 011 20 21.
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