MPPI | Unemployment cover from £3.20pm
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MORTGAGE PAYMENT PROTECTON INSURANCE

Unemployment cover from £3.20pm

 
 
 

Our Mortgage Payment Protection Insurance (MPPI) offers fully flexible cover options:

  • Unemployment only cover - from £3.20pm
  • Accident & Sickness only cover - from £2.12pm
  • Accident, Sickness & Unemployment cover - from £4.39pm

3XD is one of the only Insurance Providers to offer Unemployment only cover after it was universally withdrawn from the market in 2020 as a result of the global pandemic.

Are you recommending MPPI to your clients?

If you're arranging a mortgage for your client, you're ideally placed to sell MPPI - protecting the mortgage payment in the event of unforeseen unemployment or after suffering an accident or sickness.

Build a robust revenue stream

The table below illustrates the income you can create from various sizes of client bank and is based on average commission earnings of £90 per policy, and a 90% retention rate modelled over a 3 year period. 3XD pay commission for the life of the policy.

MPPI offers that much needed safety net for your clients

With the cost of living crisis impacting the market and household budgets, clients are trying to find ways to reduce their monthly outgoings and insurance may be an area that suffers.

Unless the core of an intermediary's business is general insurance, it can be easy to overlook. This is why as well as mortgages, pensions or life cover, the importance of MPPI should be highlighted, alongside the potential ramifications of not having it.

MPPI offers that much needed safety net in the event of unforeseen unemployment or after suffering an accident or sickness.

 
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DISCLAIMER - Please note that cherry never recommends the products or services of other companies and in making contact with, or accepting contact, products, services or advice from any individual, company or adviser, you agree, without exception, that no legal responsibility in respect of resultant damages, incurred by you or by others, rests in any way with cherry.

cherry and cherryFind are trading names of “cherry”.  Registered Office: The Stables, Little Coldharbour Farm, Tong Lane, Lamberhurst, Tunbridge Wells, Kent TN3 8AD.  Registered in England and Wales.  Company Registration Number: 05624666.  VAT Number: 874593966.

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