Product features

• No occupations are excluded for monthly benefits up to £1,500
• Cover is available for contract, self employed, full time and part time workers provided they work at least 16 hours per week
• The following cover is available for new or existing mortgage borrowers:
  • new borrowers – ASU, AS and U only
  • existing borrowers – AS only
• Monthly benefit selected can cover the mortgage payment and mortgage related insurance premiums. An additional 40% of the monthly mortgage payment and related insurance premiums is available, to include utility bills and Council Tax
• No upper limit on the monthly benefit, subject to it not exceeding 65% of gross monthly earned income
  • monthly benefit over £1,500 will be referred to Legal & General
• Benefit paid for up to 365 days or until you return to work, whichever happens first
• Access to LifeTrack Direct – a job search service providing support and information, including CV production, a job database and skills manual
• Portable to a mortgage on a different property or a re mortgage to a new lender.

We will pay unemployment benefit if your client stops work to become a full time carer for a member of their immediate family.

For full cover details, please refer to the MPPI Key Features document.