View more on these topics

Unemployment safety net product launches

New unemployment safety net insurance product launched

Insurance product WorkProtect has been launched aiming to protect workers and their spouse or partner in the unfortunate event they are made unemployed.

Offering a comprehensive package of tools and services, its aimed at helping people get back into work as quickly as possible.

Designed as an alternative to traditional loan and mortgage protection policies. WorkProtect has been developed as a result of extensive research identifying the key factors necessary toaccelerate return to work.

Mike Ison at WorkProtect says: “Facing redundancy and unemployment is extremely stressful, causing both financial and personal uncertainty. With the saying &#39a job for life&#39 no longer relevant in today&#39s workplace, we believe that WorkProtect will give workers valuable peace of mind relating to their future.”

The plan costs £68 per annum, covering the policyholder and their spouse or partner, and can be bought online at

Ison adds: “For the cost of less than 19p a day, workers can ensure they have all the necessary resources, help, advice and support in place that should they lose their job, they can quickly get back to work.”


Martyn is the winner

Congratulations to Martyn Smith, product marketing manager at the L&G Mortgage Club – overall winner of the Mortgage Strategy and Mortgage Express 100% Football competition. Martyn received his prize, an autographed Brazilian team shirt signed by Pele, from Mortgage Express business development manager Tim Sturley (right) and MS deputy editor Rosie Gallagher last Wednesday at […]

Checking networks&#39 finances

From Nick BaxterI read with interest the Regulation article by Richard Griffiths on page 36 of your issue of May 24. Richard highlighted &#3910 key features of a network&#39. Now, the FSA has a set of &#3911 Principles for Business&#39, so can I add one more to Richard&#39s list? I would like to suggest the […]

MEX acquires GMAC-RFC portfolio

Mortgage Express has completed the purchase of a mortgage loan portfolio from GMAC-RFC for around £114m. The purchase is the second arising from an agreement announced in December 2003 to acquire from GMAC-RFC a minimum of £400 million, and up to £1.4bn, of loans in 2004 in four tranches. The total amount acquired by Mortgage […]

The Mortgage Mole

HOT MATCHHumiliation for BM Solutions St Michael last week as he faced the might of 22 brokers for a charity football match at Molyneux. Fielding a team of fit brokers was never going to be easy but thanks to the efforts of team sponsor Mortgage Express player-manager James Rodea of Hamptons fame, team captain Sean […]


Pension over-taxing

800,000 people are at risk of being over-taxed on their pensions, writes Steve Webb, director of policy at Royal London Hundreds of thousands of people receiving company and personal pensions should check their tax code to make sure that they are not being over-taxed, according to a leading pensions firm. Mutual insurer Royal London has […]


News and expert analysis straight to your inbox

Sign up