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 decisionsJohn Miles, Gocompare.com
Why choose Gocompare.com's payment protection insurance comparison service?
With the help of PMI Partners you can compare payment protection insurance quotes (PPI) in one quick and easy search.
If you're struggling with the choices or would just like more information, try our FAQs on PPI
Our simple-to-use forms will ask for your basic personal, contact and employment details, whether your job is permanent, and your monthly income. You will also be asked if you're a smoker, and whether in the last 12 months you have been seen by a doctor, been treated by one, or arranged to see one.
The final section concerns the policy itself and will ask if you require cover for accident, sickness and unemployment, just accident and sickness, or just unemployment. The form is automatically set to cover mortgage payments, but there are alternative options to protect income, loan payments or rent payments, so just tick the option that best suits your needs. You'll then be asked to enter how much payment protection a month you would like insurance cover for.
Our best-buy table will present the cover options with the name of the insurer, the monthly benefit available, the length of time you would have to wait after you stop working to the first payment (between one and 90 days), the maximum benefit period and the monthly premium. There will be a link to view the key features of each product, and the option to either request a call back or to go ahead and purchase online.
If you're struggling with the choices or would just like more information, try our income protection guides and our frequently asked questions on payment protection insurance. You'll find the answers to questions such as what is PPI and what cover options are available, plus guidance on how to choose the right product for your needs, and the exclusions and other factors you should look out for.
Did you know…?
- In October 2011 the UK credit card debt was approximately £56.5bn and the average standard interest rate being charged on them was 16.73%