Payment
Protection and the Small Print
Like
other insurance policies Payment Protection Insurance policies
will usually include a number of conditions or exclusions
that prevents you from claiming on the insurance policy. You
have to make sure that you understand which specific illnesses
are not covered by the policy.
You
may even not be eligible to take out a policy in the first
place. If you work less than sixteen hours every week or if
you are aware that you might be made redundant. If you are
in any doubt ask your insurance company to explain the exclusions
and any eligibility conditions. Make sure that you understand
the exclusions before you buy the payment protection insurance.
|
