Payment protection insurance


 

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Payment protection insurance

A type of insurance that pays your loan for you if you become unable to work for an extended period of time, as a result of redundancy, accident, sickness or disability. Most non-mortgage PPI products are taken out for a length of time that corresponds to the life of the loan it is protecting.



Payment protection insurance

Similar Matches

Safeguards protection

Safeguards protection

Import protection provided under the Safeguards Clause.


Effective protection

Effective protection

The concept that the protection provided to an industry depends on the tariffs and other trade barriers on both its inputs and its outputs, since a tariff on inputs raises cost. Measured by the effective rate of protection.


Loan protection policy

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.


Domestic distortions argument for protection

Domestic distortions argument for protection

See second best argument.


Content protection

Content protection

See domestic content protection.


Further Suggestions

Import protection
Contingent protection
Securities Investor Protection Corporation
home responsibilities protection
Retirement Protection Act of 1994
Labor standards argument for protection
court of protection
mortgage protection
Nominal rate of protection
Externalities argument for protection
Administered protection
Foreign investment argument for protection
Second-best argument for protection
Cultural argument for protection
Environmental protection argument for a trade intervention
Domestic content protection
Marine Mammal Protection Act
Investor Protection Scheme
Protection
National defense argument for protection
Building Societies Investor Protection Scheme
Deposit Protection Scheme
Actual protection rate
Tariff protection
Infant industry protection


 
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