Loan Payment Protection Insurance (PPI) Loan Payment Protection Insurance (PPI) provides insurance which pays your loan in certain circumstances. Redundancy, for example, is covered. Why look for a loan here? Apply for loan 24 hours a day, 7 days a week No obligation to take loan offered Option to pay nothing for first 5 months * Flexibility to pay off loan early Problems with credit? We can help there too Apply here and get lowest APR Fixed rates available. Deals on fixed rates are limited * on some of our loans Find your loan in 2 minutes...

A loan PPI will cover you for accident and sickness, involuntary unemployment, major illness and death. However there maybe some exclusions in the loan PPI small print, which may affect you. So make sure you know what you are buying before you sign up to the agreement.

Loan Payment Protection Insurance has had a bad press recently, with people being miss-sold the insurance. For example, the insurance may have been sold to a self employed worker, but the insurance doesn't pay out if a self employed worker finds themselves with no work.

Loan PPI's are not necessarily bad. They can give you peace of mind when first taking out your loan, that the monthly installments will be met if you get made redundant or have.

Make sure you check the terms and conditions of your policy for details of the full cover provided.

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