Paymentshield reintroduces ‘unemployment only’ MPPI option

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Paymentshield has restored its unemployment only option on its mortgage payment protection insurance (MPPI) product.

MortgageProtector now includes unemployment-only along with accident and sickness only and full accident, sickness and unemployment cover options.

Paymentshield’s insurance director, Neil Galjaard, said: “There is a demand from brokers and from customers for this option to be made available as the economy struggles to move forward following recession last week’s official unemployment figures released by the Office of National Statistics confirm the upward trend with another 44

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