Definitions for "Payment protection insurance"
This insurance covers people's finance agreement repayments if they cannot work because of long-term illness or redundancy.
A type of insurance that pays your loan for you if you become unable to work for an extended period of time, as a result of redundancy, accident, sickness or disability. Most non-mortgage PPI products are taken out for a length of time that corresponds to the life of the loan it is protecting.
Payment Protection is an insurance policy to cover your loan repayments should you be unable to pay them yourself due to sickness, injury or involuntary unemployment. It can also pay off the remaining balance of your loan, in the unfortunate event of your death.
Keywords:  mppi, see
Keywords:  shock, pension, mortgage
Payment shock Pension mortgage