How much should I cover my Mortgage for?
Again, MPPI is a fairly straight forward insurance policy.
It is recommended that you cover at least the whole monthly cost of your mortgage repayments, this could include both capital and insurance payments.
It is usually worked out per £100 so make sure you round up the amount of your cover to the nearest £100 which is above your monthly payments. For example, if you pay £765 per month for your mortgage then you should insure yourself for £800