Mortgage payment protection insurance
from the Royal bank of Scotland
A look at the Royal bank of Scotland's website reveals very little detail on any form of mortgage payment protection insurance to provide for monthly mortgage payments in the event of unemployment, accident or disability.
They do , however, have details of an income protection insurance. The difference is that while a mortgage payment protection insurance is specifically directed at paying the monthly mortgage payments if you become unemployed or suffer a disability or accident that prevents you from working, and has a time limit on its payments out, an income protection insurance provides an income to be used for any purpose and continues to retirement or return to work, whichever happens first. (These are general differences which are mentioned in order to differentiate the policies apart, and each providers insurance can and will differ in its detail.)
The above links will take you to an online
instant quote and apply facility where you can get a
quote, apply and read the policy wording for this
award winning Paymentshield administered mortgage
payment protection insurance.
