The views expressed in A Consumer's View (Money Marketing, February 26) certainly struck a chord with us here at Market Harborough.
During the past couple of years, we have seen a number of customers who have benefited from our provision of unemployment cover to all borrowers. Our borrowers are able to broaden this cover to include accident and sickness insurance at £2 per £100 of monthly mortgage repayment.
We are in the process of developing this service further by providing the full accident, sickness and unemployment package for just £1.50 per £100 of monthly mortgage repayment. This is offered at cost, with no profit taken by the society. I feel the provision of this cover at the lowest possible cost not only gives our customers peace of mind and valuable protection but also provides the society with prudent cover for the mortgage book.
Assistant general manager (business development), Market Harborough Building Society, Leicestershire