Next Intelligence launches new insurance provider Walsham Brothers
We’re delighted to welcome Walsham Brothers to our panel enabling members to access its specialist insurance products. Walsham Brothers specialises in Mortgage Payment Protection Insurance (MPPI) offering peace of mind in the event of accident, sickness or unemployment by covering the cost of a policyholder’s mortgage payment for up to 2 years.
Three levels of cover:
Accident, Sickness and Unemployment: Highest level of cover, providing a monthly benefit for up to 24 months to help cover mortgage payments and any additional expenses.
Accident and Sickness Only: Cost effective option providing a monthly benefit for up to 24 months to help cover mortgage payments and any additional expenses.
Unemployment Only: Provides a monthly benefit in the event that policyholders are unable to work due to involuntary unemployment for up to 24 months to help cover mortgage payments and any additional expenses.
Policyholders can also insure an additional amount worth up to 50% of their monthly mortgage payment. This can help provide support with other household expenses such as council tax, utility bills and groceries.
Carer cover is also included as a standard if Unemployment cover has been chosen.
To be considered for MPPI products applicants must be:
- Aged 18–64 years old.
- Named on a residential mortgage agreement that started within the last 6 months for a UK property in which they permanently reside.
- A UK resident living in a UK property (excludes the Channel Islands and Isle of Man).
- Working more than 16 hours per week.
- In continuous employment for at least 6 months if classified as employed or in continuous employment for 24 months with the same employer if classified as a contract worker.
To find out more about using Walsham Brothers or the wider benefits of our protection and GI panels, simply drop us an email or call us on 0345 646 0685.