We live in world of financial uncertainty exposed to the whims of the financial markets in a way that has become ever more apparent in recent years. We seem helpless against the volatility of high finance which has left our very livelihoods jeopardised due to the increasing threat of redundancy.

We build a lifestyle according to our wage and have a right to expect that lifestyle to be somewhat maintained in the event of redundancy or incapacity to work, so we may wish to take out some kind of Redundancy/Income Protection cover of the sort on offer at Endsleigh Payment Protection.

Put simply, Payment Protection Insurance can be a term to describe any policy that protects us from loss of earnings. Redundancy Cover, Life Insurance, Mortgage Protection, and Income Protection could all fall under the PPI banner, but PPI is probably most commonly associated with Income Protection.

A comprehensive PPI plan alleviates the financial hardships associated with the inability to work. If you suffer the kind of injury of illness that prevents you working for a sustained period, you could reap the rewards of Endsleigh Payment Protection Insurance.

Payment Protection will regularly pay out a larger gross salary than perhaps a simpler Health Insurance Accident Plan. With a decent PPI you can expect to recoup up to 75% of your gross earnings which will allow you to carry on making any payments you are obligated to. Payment Protection is often valid for up to 2 years.

If you fall ill or you are rendered physically unable to work, your regular lifestyle can be seriously compromised. Payment Protection allows your dependents to remain financially stable during your convalescence.

Redundancy Cover is a simpler plan that won’t cover against accident but will give you peace of mind regarding the volatile and uncertain jobs market.

Endsleigh Payment Protection is offers a tailored set of policies designed to suit the policy holder. If you have a mortgage or particularly high living expenses, it is a necessity that you consider covering yourself against accident or illness.