Why use Gocompare.com for your money products?
By their very nature financial products are complex and the prospect of reviewing your money matters can be quite daunting. But our research shows comparison sites are helping people become more money conscious and feel more empowered when making financial decisionsGocompare.com
Why choose Gocompare.com's loan protection insurance comparison service?
Compare income protection insurance to cover your loans with our partner ActiveQuote and get quotes from leading UK insurers using advanced comparison software. ActiveQuote also offers free, independent advice from its team of product specialists.
If you feel you need more information before making a decision, try our FAQs on loan protection
Just answer a few questions about you, your employment and how much cover you're looking for. Your quotes will be based on certain criteria including your gross annual salary and your employment contract, such as the number of hours you work and whether you are working on a temporary or permanent basis. Some policies may consider whether you smoke or not when calculating the price of the premium. Be sure to enter information correctly as false or inaccurate details may invalidate your policy.
When you've completed the form you'll be taken to the results page. There you'll be able to filter through the options at the top of the page and compare policies that protect against accident and sickness, unemployment, or both.
Subject to your circumstances, you'll either have the opportunity to purchase online or be given a number to speak to the insurance provider about your chosen product. For further information you can talk to one of ActiveQuote's team of product specialists for free, impartial advice that can help you find the right policy suited to your budget and needs.
If you'd rather do your own research, you could try our income protection guides and our frequently asked questions on loan protection. There you can read about the basics such as whether you need loan insurance, how long policies pay out for, and how to find the right product for your needs.
Learn about different types of features such as accident and sickness cover, hospitalisation cover, life cover and unemployment protection, and find out about typical exclusions and the other factors you should look out for.
Did you know…?
- In October 2013 the estimated average debt UK consumers had in personal loans, car finance, overdrafts and unpaid store and credit cards was £3,249