First Direct Mortgage Insurance

First Direct Mortgage Insurance. Fact! If you don't compare mortgage insurance protection quotes you will not get the best deal. Compare and save £1000's.

First Direct Mortgage Insurance is payment protection insurance where the policy holder will can receive a cash payment to help pay off their mortgage.

The mortgage payment protection pays for the property under mortgage or outstanding debt of home loan to retain the property when the policy holder is unable to pay due to critical illness or unemployment or due to death of policy holder. Leaving the family under financial crisis, loss of regular income, fear of losing property due to inability to make payment, etc can be avoided by opting for First Direct Mortgage Insurance. The loss of income towards mortgage payment or rent is compensated by the insurance company.

About First Direct

First Direct is a larger financial institution of the United Kingdom. The range of services extended by First Direct other than contemporary insurance policies include banking solutions, loans, credit cards, savings plans, and investment schemes. All financial services extended by the institution is available only for UK citizens.

Types of policies:

First direct covers three different types of policies with broader and versatile plans. It includes the following:

Car Insurance: A cash back offer is provided for the new car insurance policy by First Direct. Similarly, cash back offer or waiver of a specific percentage of premium is also extended for the renewal of insurance with no claims. A lot more interesting deals and offers have been constantly offered by the company. These offers and deals do not reduce the claims and coverage of a car insurance policy. Further, if the policy holder is not satisfied with the First Direct’s car insurance, he or she can return the policy and claim for refund of premium with no cancellation charges.

Travel Insurance: Single trip travel insurance and multiple trip travel insurance is offered by First direct at affordable rates and attractive coverage.

Home Insurance: Home insurance covers three different deals and include covering the damages of building, damages of home furnishings, and both. Home owner has the choice to choose the extent of coverage and amount of coverage.

Rival Companies

There are several larger financial institutions are functioning in the United Kingdom both at national and international level. And First Direct has few competent in the insurance market and includes Liverpool, AXA, Prudential, etc.

Review of First Direct Mortgage Insurance

Reviewcentre.com has 2.5 out of 5 user reviews on First direct mortgage insurance. The mortgage payment protection insurance can be obtained at minimal premium with great discounts combined with maximum coverage. Further, claims are approved in around 24 hours of application.