Mortgage Insurance
If you have a mortgage you should be thinking about mortgage insurance. It's no good relying on the state to bale you out because state help with mortgage repayments is very restricted and around 8 out of 10 people do not qualify for any help at all.
When choosing a Mortgage Payment Protection Insurance policy, many homebuyers opt for the policy offered by their lender, however this is not allways the best deal.
There are a wide range of mortgage insurance policies available with varying costs. Mortgage insurance usually requires borrowers to pay a fixed rate for every £100 of mortgage payments made, ranging from £3.50 to £8.
One of the main types of mortgage insurance is ASU insurance, which protects you against accident, sickness and unemployment, hence ASU.
Shopping around is the best way to save money on your mortgage insurance.