Loan protection policy


 

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Loan protection policy

An 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 Matches

Mortgage 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 rate

Actual protection rate

Implicit tariff.


Content protection

Content protection

See domestic content protection.


Environmental protection argument for a trade intervention

Environmental protection argument for a trade intervention

The 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 Act

Marine Mammal Protection Act

The 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 Suggestions

Labor standards argument for protection
Intellectual 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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