Loan Payment Protection UK
Loan Payment Protection Insurance will make your loan payments for up to 12 months if you are unable to work due to accident, sickness or unemployment. Some providers charge more for covering unsecured loans than for loans secured against your home and charge more for covering secured loans than they do for protecting a mortgage. At ASU Direct we charge exactly the same for our unsecured loan, secured loan and mortgage payment protection products.
When compared to the cover offered by many Lenders, ASU Direct prices are much cheaper. Many Lenders want to protect themselves in the event of your death and so they include life cover that will pay off the loan if you die - but generally speaking you could buy this independently if you felt that you needed it and at a fraction of the cost they are charging.
Great products, great service, great price.