Paymentshield

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Paymentshield has announced a 10% increase in upfront commission available to brokers.

Paymentshield has launched a payment protection insurance, IncomeShield, which protects any financial outgoings.

Paymentshield's plans to launch mortgage payment protection insurance which incorporates the benefits of income protection has raised hopes a 'hybrid' product may solve some of the problems inherent in the industry.

Paymentshield is launching a mortgage payment protection insurance product in late summer, which is designed to incorporate the benefits of income protection.

The Office of Fair Trading recently announced it is referring the payment protection insurance market to the Competition Commission, but some advisers and providers have raised doubts about whether such a move is appropriate.