Loan insurance – a licence to print money
Loan insurance – a li...
It’s become a poorly kept secret that the loan insurance business is little short of a licence to print money – some £5 billion a year of it, in fact. That is the value of the 20 million or so loan insurance policies that are sold each year. With numbers as huge as these, it...
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Mortgage insurance would bring enormous peace of mind if you were to become unemployed or suffer an accident or an illness that meant you were unable to work. It would pay you an income which would be tax-free after between 30 and 90 days. There are providers such as payment protection...