Select & Protect (S&P) is to launch a Mortgage Payment Protection Insurance (MPPI) product provided by FirstAssist Insurance Services which will be available to all S&P brokers.
The product will have cover available for self-employed and carers. It can be sold alongside a mortgage or as a stand alone sale and will cover full Accident Sickness Unemployment (ASU) suite, including an unemployment only option. Paul Firkins, sales director at S&P, adds: "Feedback from the market has been extensive, brokers need an MPPI product which helps address accident, sickness and unemployment including stand-alone options with the flexibility to apply to new as well as existing borrowers." Alistair Hardie, managing director of speciality insurance at FirstAssist Insurance Se...
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