The security of your information is extremely important to us! We are registered and comply with the Data Protection Act (1998) NO:Z2656971Tesco mortgage protection. Fact! If you don't compare them against the market now it could cost you £1000's. Compare the whole life insurance market.
Tesco Mortgage Protection
If you have the obligation of a mortgage it’s important that you have the rite level of protection in place should the worst occur. By doing so, you can have the peace of mind that should anything happen to you your family home will be secured.
Mortgage protection insurance can offer better value than its life insurance brother. The rationale behind this is that the pay-out will decrease in line mortgage balance. This stream lined approach leads to cheaper premiums.
The focus of this article is to take a look at Tesco mortgage protection. For a company better known for its retail prowess they represent a growing number of institutions turning their hand to financial services.
About Tesco
Tesco was founded in 1919 and has since grown to become the UK’s largest retail and the third largest in the world.
In 2004 Tesco entered into a 50:50 joint venture with RBS to create Tesco Bank. In 2008, Tesco announced that they were buying out royal RBS’s 50% stake for £950m. This move made Tesco the first UK supermarket to set operate as a bank.
Tesco now offer a range of products including loans a foreign exchange services. However, for the scope of this article we will just focus on mortgage protection insurance.
Review of Tesco Mortgage Protection
One of the differentials between Tesco and other supermarkets that offer life insurance is that they actually own the product they are selling to you. Odd though it may seem most supermarkets such as ASDA that offer life insurance will simply introduce you to a partner company. The major advantage to Tesco actually owning the product is that have complete control over the price.
This means it is defiantly in your interests to try and negotiate on the premium prices. For real life reviews we had a quick look at them on review centre and were pleasantly surprised. The general consensus is that they offer exceptional customer service.
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