Berkeley Alexander relaunches safetyFIRST

Berkeley Alexander has relaunched its premier mortgage payment protection insurance policy safetyFIRS...

Berkeley Alexander has relaunched its premier mortgage payment protection insurance policy safetyFIRST, following recent research that showed that 80% of households who claimed on their MPPI did not fall behind with their mortgage repayments.

The policy now offers a 30-day excess rather than 60, and allows policyholders to protect up to 65% of the gross monthly income of all named mortgage borrowers. All claims cheques are made payable to the policyholder.

Research conducted by Elaine Kempson

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