Mortgage Protection Insurance
Imagine going from having a dual income of £60,000 per year to being dependent on £20,000 a year and a £250,000 mortgage, well that is the situation of Joanne and Ian Hartley of Essex. Ian lost his job as a professional tennis teacher because he damaged his knee playing one day. The result means that Ian no longer has a job and Joanne is now the sole breadwinner of the house. “This has caused a massive strain on our relationship due to the fact we have had to cut down on all areas of our lifestyle. We have to buy different cereals, shop in the cheaper supermarkets and not go on holiday.” Ian has now managed to find a job working in an office and the family are now able to enjoy a cautious but better lifestyle. The family have now decided to take out a mortgage protection policy on the salary of Ian to stop the same event happening again and the family facing turmoil. Just one of the stories I came across whilst working for Ant insurance, a mortgage protection insurance specialist company.