Our Services

MORTGAGE PAYMENT PROTECTION INSURANCE

MORTGAGE PAYMENT PROTECTION INSURANCE

Mortgage Payment Protection Insurance is also commonly known as Accident, Sickness & Unemployment (ASU) cover.

With the impact of the recent pandemic being particularly hard there is no doubt that we should all examine our need for some extra cover and security. Peace of mind is so important at the moment and having excess stress about the roof over your head is something we could do without.

Mortgage Payment Protection Insurance is designed to cover your mortgage repayments:

  • If you fall ill
  • Be injured in an accident
  • Become involuntarily unemployed

Policy terms, conditions and exclusions can vary, so we recommend that you take professional advice and always read the small print, particularly when it comes to Covid-19.

Mortgage Payment Protection Insurance covers a combination of insurances in accident, sickness and / or unemployment. If you already have adequate accident and sickness cover at work or via a separate policy you may simply want the unemployment element for your mortgage.

We also have similar cover for those who rent their home.

It’s important to highlight the difference between MPPI and general PPI. Despite falling under the same umbrella as PPI, MPPI is classed as a different product.

One of the main differences between Mortgage Payment Protection Insurance and PPI is that PPI is paid directly to whomever you have borrowed from, whereas MPPI is paid directly to you, the policyholder.

Both PPI and MPPI have had restrictions placed on them to ensure that the recent mis-selling scandal does not happen again. This monitoring allows you to be confident about purchasing Mortgage Payment Protection Insurance.

Central Financial Services will advise you on the right cover for your circumstances by taking an holistic and practical approach to your needs and budget. Get in touch with one of our advisors today.

With the impact of the recent pandemic being particularly hard there is no doubt that we should all examine our need for some extra cover and security. Peace of mind is so important at the moment and having excess stress about the roof over your head is something we could do without.

Our Services.

MORTGAGES

If you are looking to buy a home, then we can review your options.

INSURANCE

We can provide you with advice on all types of insurance.

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Clear, simple advice that is suitable for you & your circumstances.

Lauren JonesLauren Jones
08:56 03 May 23
We have used Lucie to help us with our mortgage on 3 properties now...and she is wonderful! We wouldn't ever want to... use anyone else and we would recommend to anyone.She is incredible knowledgeable and goes above and beyond to make sure were getting the best possible options.Thankyou again Lucie!xxread more
leo nepomucenoleo nepomuceno
10:26 02 May 23
Thank you is not enough to describe how grateful we are to Lucie Hart for helping us to get our mortgage in our first... home. You’ve been so nice and very helpful through the entire process. CFS is highly recommended.read more
Tomasz NikielTomasz Nikiel
19:31 15 Mar 23
Peter and Ian have helped arranging mortgages for me for many years. I cannot recommend their services enough. They are... always there to answer all questions as soon as possible, professional and friendly, ready to help in any situation no matter how complex. I always receive sound advice and best product possible. Arranging a mortgage with CFS is quick and stress free, they are absolutely brilliant!Thank you!read more
Katie TaylorKatie Taylor
20:30 01 Mar 23
I cannot recommend Central Financial Services enough. Peter and Ian have advised my husband and I on our finances for... over 8 years and they never let us down. Ian is very efficient and highly experienced too. Peter is professional and personable. I have previously recommended Central Financial Services to family, as well as friends, who have all had the exact same, seamless, efficient and excellent service and results.read more
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