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Loan protection policy |
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Loan protection policyAn insurance policy in which the insured pays regular premiums in return for insurance against being unable to repay a loan due to accident, sickness or unemployment. In such an event the policy pays a benefit to assist the insured in making the repayments.Similar MatchesMortgage payment protection insurance (MPPI)Mortgage payment protection insurance (MPPI)An MPPI policy pays your mortgage for you if you become unable to work for an extended period of time, as a result of redundancy, accident, sickness or disability. It should provide enough income to cover all your monthly mortgage expenses. If you have a repayment mortgage, this should be your capital and interest repayment and if you have an interest-only mortgage, the MPPI should cover your interest payment as well as your normal monthly contribution to the investment vehicle that will repay your loan. Actual protection rateActual protection rateImplicit tariff. Content protectionContent protectionSee domestic content protection. Environmental protection argument for a trade interventionEnvironmental protection argument for a trade interventionThe view that trade should be restricted in order to help the environment. Examples include embargos on imports made from endangered species, limits on imports produced by methods harmful to the atmosphere, and restrictions on investment into locations with lax environmental standards. This is usually a second-best argument. Marine Mammal Protection ActMarine Mammal Protection ActThe 1972 U.S. law prohibiting the "taking" (harassing, hunting, capturing, or killing) of marine mammals, and also prohibiting the import of any marine mammal product or any fish that has been associated with the taking of marine mammals. See tune-dolphin case. Further SuggestionsLabor standards argument for protectionIntellectual property protection Tariff protection Balance of payments argument for protection Cultural argument for protection Patriotism argument for protection Payment protection insurance Domestic content protection Protectionism Second-best argument for protection Call protection Employment argument for protection Retirement Protection Act of 1994 Infant industry protection Protectionism Protection protection applied Downside Protection Self-sufficiency argument for protection Endogenous protection Deposit Protection Scheme Fairness argument for protection Consumer Credit Protection Act of 1968 Labor standards argument for protection Nominal rate of protection |
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