Nationwide raises MPPI premiums

Nationwide has increased the premiums on its mortgage payment protection insurance. For 12 months’ cover, accident, sickness and unemployment has increased from 5.39 to 5.89, accident and sickness has increased from 2.79 to 3.29, and unemployment has gone up from 3.66 to 4.19 per 100 insured.

For 24 months’ cover, accident sickness and unemployment has gone up from 6.47 to 6.99, accident and sickness has risen from 3.57 to 4.09, and unemployment has increased from 4.54 to 4.99 per 100 insured.