Ex-British Insurance boss Burgess back to market with mortgage product
Leader of former Towergate acquisition believes new product will meet expectations of consumers.
British Money is set to launch a new mortgage payment protection product for the UK market.
The new policy, named Universal Cover, will provide customers with a tax-free monthly benefit if they become unemployed, suffer a disability that prevents them from working, or if they need to give up work to become a carer.
The product can be used to cover mortgage payments, rental payments, council tax and utility bills, among other things. Capacity is provided by Cigna Insurance.
Simon Burgess
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