A spokesman from the Legal and General mortgage protection department has suggested that repayment insurance should be seriously considered for the peace of mind it can bring.
He went on to say that most homeowners do not really appreciate how quickly they will see a drop in their income if they are off work and, considering the steps most people take to get onto the housing ladder, this could seriously affect their ability to meet the mortgage payments. Legal and General want all their customers to feel as comfortable and secure as possible in their homes, so recommending payment protection is a sensible step.
The Legal and General spokesman is not simply looking for more business either. He suggested speaking to a financial advisor who can recommend the best option to suit the circumstances.