For most people, their mortgage repayment is a hardship that stretches finances painfully.
Similarly, if one has to be out even more money to cover the loan, many can't do it.
Recently, the press has given much attention to the fact that many high street banks and lenders offer low quality, high-priced mortgage payment protection insurance policies to customers who simply don't know that they can get and deserve more for their money.
Fortunately, you can get the protection you need at a very affordable price.
For instance, British Insurance is one company that provides low-cost, high quality insurance; in fact, they specialise in this type of insurance.
If you visit them online, you can see just what they're all about.
In fact, if you have a policy with British Insurance, you'll likely save as much as 40% on the premium for your mortgage insurance protection versus that you would get from your high street lender.
There are many providers out there, but many don't have the same commitment to excellence and ethics that to British Insurance does.
Managing Director Simon Burgess makes sure of this.
Even though some companies might sell "cheap" policies, they aren't worth the money you pay for them if they aren't also backed by high ethical standards and dedication.
Mr.
Burgess says the consumer should not be tricked into taking a mortgage payment protection policy out from a high street lender.
This is because high street lenders charge a lot for very low quality policies.
Rather, British Insurance is the way to go because it provides quality products at low premiums.
They make a small profit per policy instead of concentrating on large profit margins as the high street lenders do.
What this means is that British Insurance does not operate driven by greed, but driven by ethics.