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MGM Assurance – Mortgage Payment Protection Plan (inserted 7/2/2000)

Type: Accident and sickness cover with optional unemployment cover.



Maximum benefit: £1,5000 a month.



Benefit payment term: Accident and sickness cover for up to 25 years or client is no longer incapacitated. Maximum of 12 months for unemployment insurance.



Deferred period: 13, 26 or 52 weeks for accident and sickness cover and 60 days for unemployment insurance.



Premium: Accident and sickness cover – £10 per month, £100 a year. Full ASU – £15 per month, £150 per year.



Commission: 75% of first year&#39s premium.



Tel: 0845 758 1277

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