BIBA launches new payment protection insurance products

In a bid to encourage more brokers to include Payment Protection Insurance within their portfolios, the British Insurance Brokers’ Association is launching a series of products with enhanced benefits via its scheme provider – British Insurance.

 

The new loan, income and mortgage payment protection products offer a range of  benefits to consumers, including partial cover on often-excluded stress, back-related and pre-existing conditions; plus lower premiums. The exclusion relating to AIDS has also been removed.

 

BIBA – the British Insurance Brokers' Association – is the UK’s leading general insurance intermediary organisation.