Welcome to The Mortgage Guide UK
Reasons why you need Buildings Insurance: Some people may ask ‘why bother with the cost of building insurance’. Well it is designed to cover your financial loss arising from an insured event and even if you think you can stand a loss if there is a fire or major disaster, there are other good reasons …
To avoid the risk of defaulting on your mortgage, you can take out a variety of insurance schemes to offer protection in case of an unexpected difficulty in earning money. Payment Protection Insurance PPI This insurance is specifically linked to a personal loan or credit card. For a monthly premium your repayments can be covered …
In many cases it is unwise to under insure and your insurance company is likely to penalise you. To over insure is a waste of your money and often time. The answer is to keep a watchful eye on your insurance policies and the insured levels that you want to cover. Under Insuring Pros and …
Continue reading “Under Insure or Over Insure the Pros and Cons”
If you have your own limited liability company you should check that you have appropriate insurance cover for yourself and other employees. If you are a directors or officers of a businesses then you should ask them to cover you personally via a special policy. Director’s Liability Insurance cover protects companies’ directors, officers and senior …
In the UK, interest rates are very variable. In the past two decades we have seen interest rates vary from 15% to 1%. With uncertainty over interest rates and the state of the economy, mortgage insurance is very desirable. Mortgage payment protection plans will pay your mortgage in the event of losing your job through …
Products must be ‘fit for purpose’, safe and free from fault. If not you may be liable for damage or injury if you manufacture, sell or even give away a product. Product liability insurance can cover your legally responsible for any damage or injury that a product you supply causes. You’ll be liable for compensation …
