Posts tagged with ‘mortgage protection’

  • Competition causes mortgage protection prices to fall

    Competition causes mortgage protection prices to fall The cost of mortgage protection has fallen in recent months as a result of fierce competition from insurers. Some prices have fallen by as much as half. The combination of ongoing improvements in medical care and continued competition between insurers has resulted in a reduction in the cost of mortgage protection insurance cover, with the price of some policies down by as much as half. Part of the reason for the decline in the cost of cover are advances in medical science, which are keeping people alive for longer and saving insurers from paying out so frequently. However, the primary reason is competition from insurers which is driving prices down. Mortgage protection insuran...