The cost of protection

Chelsea Payment Protection is a simple flexible way to protect yourself, your family and your home against the unexpected. It gives you the peace of mind that comes from knowing that your mortgage repayments could be met in full for up to a maximum of 365 days or until you return to work, whichever is the sooner, if you are unable to work due to an accident, sickness, hospitalisation or unemployment.

What does it cover?

Accident, unemployment?

What this easy to arrange, affordable mortgage payment protection covers

What makes Chelsea Payment Protection so affordable?

• You choose the level of cover you need. For each £100 of benefit required, Chelsea Payment Protection costs as little as:
  
  
  • £4.99 a month for full accident, sickness, hospitalisation and unemployment cover (up to 365 days of benefit payments)
    
    This is our most competitive premium, which gives you complete protection for your mortgage payments against accident, sickness, hospitalisation and unemployment for up to 365 days.
    
    
  • £2.10 a month for accident, sickness and hospitalisation cover (up to 183 days of benefit payments)
  • £2.89 a month for unemployment cover (up to 365 days of benefit payments)
  • £2.89 a month for accident, sickness and hospitalisation cover only (up to 365 days of benefit payments)
  • £4.99 a month for accident, sickness and hospitalisation cover (up to 183 days of benefit payments) and unemployment cover (up to 365 days of benefit payments)
  
  (These figures include insurance premium tax at the current rate of 5%)
  
  
• Hospitalisation cover is automatically included with accident and sickness policies, and you'll be eligible for benefits after just seven days in hospital.
  
  
• It is always best to have enough protection to cover your mortgage payment in full, but you can cover as much or as little of your mortgage payment as you feel necessary.
  
  
• You can cover additional mortgage related out goings, up to a maximum of £300 or 50% of your mortgage payment, whichever is greater (the usual maximum total benefit available is £3000, higher cover can be provided at the insurers' discretion).
  
  
• To make life easy, we will collect your premium along with your regular mortgage payment.
  
  
• We can even cover you if you are self employed or work on a fixed term contract basis, although certain conditions do apply.
  

Call our dedicated Insurance team for a quote, or to arrange cover, on 0800 389 4607.

Calls may be recorded and/or monitored. Lines are open 9am-8pm, Monday to Thursday, 9am-5pm Friday and 9am-12 noon on Saturdays.