Each year, close to 1 million people in the UK find themselves unable to work due to a serious illness or injury. Question – If your income were to stop due to accident or sickness, would you struggle to pay your bills and other living costs? If the answer is yes, chances are you need income protection.
Income protection (sometimes known as permanent health insurance) provides a regular monthly payment in the event of being unable to work due to incapacity. At Yatri Mortgages, we will help you assess your priorities and then research providers from across the market to create a competitive solution tailored to your needs.
A valuable form of income protection designed to provide financial security in challenging circumstances. If you experience involuntary job loss or are unable to work due to a severe injury or illness, MPPI can step in to cover your monthly mortgage payments.
In the event of a claim, MPPI offers regular payments that can either fully cover your mortgage or provide the option to receive 125% of the mortgage costs.
Typically, MPPI policies offer coverage for up to 12 months or until you can return to work, whichever occurs first. This ensures that you have a safety net during a difficult period and helps safeguard your home.
The guidance information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances, but will range from £395 – £795, and this will be discussed and agreed with you at the earliest opportunity.
Yatri Mortgages Ltd, trading as Yatri Mortgages, are an Appointed Representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. Yatri Mortgages is registered in England and Wales with Company Number 14635004. Registered Office: Focal Point, 27-35 Fleet St, Swindon, SN1 1RQ.
