insure loan repayments

Feel at ease with Payment Protection Insurance (PPI)

Depending on what level of cover you choose, your repayments will be made for you if you are unable to work due to disability or unemployment.

PPI can cover your repayments under the following circumstances:

  • * Silver Policy - If you are unable to work due to disability or unemployment.
  • * Bronze Policy - If you are unable to work due to disability.

*Life and accidental death cover is included for all policies.

You can change your mind at no cost

If you are not happy with the cover there is a 30-day cooling off period in which you can cancel the policy at no cost to yourself. Thereafter you may cancel the policy by giving 30 days notice in writing. We may at our discretion refund part of your premium (provided you have not made a successful claim). Your policy does not have a surrender value.


Costs vary according to your choice

The benefits depends on the amount borrowed and the term of the loan.

Silver Cover - £5.99 per £1,000 x length of the loan (term).

Bronze Cover -£4.75 per £1,000 x length of the loan (term).

Back to Top
^Please note that different benefits apply if you are over 65. The maximum combined benefit payable for your death (including accidental death) under this policy and any other of our policies sold by the Bank will not be more than £30,000. The maximum combined benefit payable for disability under this policy and any other of our policies sold by the Bank will not be more than £2,000 per month.For Silver cover you covered for all of the above and for unemployment. For Gold Cover you are also covered for all of the above and for unemployment and critical illness.