Q: Hi, I am interested in mortgage payment protection and would like to know:
1. Are your premiums likely to rise in the next 12 months?
2. Can the date when the cover starts be selected?
A: The policy that we provide is relatively new so there is no reason for the premiums to increase nor are they annually renewed. The policy itself runs on a monthly basis.
When you apply you can have a start date of that day onwards. The application process takes between 7-10 days, but the start date will be back dated to the day requested.