DPMortgage

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  • Drewberry Mortgage Insurance

    All TweetFeeds here are created by Drewberry Mortgage Insurance, which provides insurance broking services for consumers throughout the United Kingdom. The firm is based in the City of London. The main policy brokered consists of life insurance for mortgages, which pays out a lump-sum to repay a mortgage loan should the policyholder pass away. The firm also brokers payment protection to cover monthly payments from the risk of accident, sickness and unemployment. It is the aim of Drewberry to provide the best possible service to its clients, including writing useful guides and news for all issues mortgage protection related. Naturally the firm operates under the guidance of the Financial Services Authority (FSA), which currently regulates the insurance and finance industry in the United Kingdom (although regulation may be transferred to the Bank of England in 2012). The firm often recommends, budget permitting,  that life insurance and critical illness is taken out to protection the loan as this form of protection provides a much greater degree of financial protection. Including critical illness for mortgages with life cover means that the policy would also payout if the policyholder were to suffer a serious illness in addition to passing away.