http://www.loanpaymentinsurance.co.uk Loan insurance * Loan protection insurance * Loan payment insurance Mon, 17 Nov 2008 10:10:27 +0000 http://backend.userland.com/rss092 en The BBC have an interesting article on proposed changes to the sale of loan insurance policies. Read more here. http://www.loanpaymentinsurance.co.uk/2008/11/loan-insurance-delay-proposed-bbc-news/ Britain is a nation that enjoys a bit of credit. Each day of year millions of pounds of debt is issued in one form or another, personal loans, hire purchase, lease purchase, contract hire, first year payment free and four years 0%; names immaterial, its all credit. Unfortunately, an intrinsic part ... http://www.loanpaymentinsurance.co.uk/2008/11/avoiding-being-taken-for-a-ride-with-loan-payment-protection/ When you apply for a store card, personal loan or new credit card, you will almost certainly have had this experience.  Your attention is drawn to a little box on the form labelled “insurance” – often with the words “strongly recommended” beside it. What is loan insurance?  The idea is to ... http://www.loanpaymentinsurance.co.uk/2008/10/why-take-out-loan-insurance/ When you apply for any kind of loan or credit, you will probably find yourself being pressured by the lender into agreeing to a loan insurance policy or PPI.  This insurance often adds considerably to the cost of the loan.  So you may find yourself wondering whether it is something ... http://www.loanpaymentinsurance.co.uk/2008/10/loan-insurance-do-you-need-it/ Is loan insurance worth the money? You will certainly be offered loan insurance from your loan or finance company when you apply. These companies receive large commission payments for each policy sold so they will push hard and encourage you to buy. Unfortunately, the quality of this cover is not always very good ... http://www.loanpaymentinsurance.co.uk/2008/10/loan-insurance/ Loan payment insurance will protect your loan repayments in the event of accident, sickness or unemployment. These types of policy will generally payout for up to 12 months in the event you are unable to work, hopefully giving you enough time to get back on your feet. After this period ... http://www.loanpaymentinsurance.co.uk/2008/10/loan-payment-insurance/ If you sign up for a new loan or credit agreement, you usually feel slightly nervous.  You realise it’s yet another financial commitment on top of the ones you already have.  So if the lenders recommend a loan insurance policy “for peace of mind”, it’s tempting to take up their ... http://www.loanpaymentinsurance.co.uk/2008/09/loan-insurance-six-things-to-look-out-for/