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Consumers confused over mortgage protection says Scot Prov

Thirteen per cent of mortgage holders with no mortgage protection at all do not know why they don&#39t have cover, according to a survey by Mori for Scottish Provident.

Scottish Provident is producing a free guide to mortgage protection, designed to give consumers and introduction to the different types of mortgage available and how to protect them.

Scottish Provident head of marketing and product development Nick Kirwan says: “One reason why people may find themselves without adequate mortgage protection is the confusing array of products available – people simply don&#39t understand what cover they should take out.”

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