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Follow on Google News | Advisors Needed to Strengthen Payment ProtectionPayment protection insurance is a payment coverage plan that covers payments of unpaid debts at the time of redundancy or sickness.
By: Ppiclaims.uk.com Alex husty a famous financial advisor and consultant has told that such changes in the insurance market present a good opportunity for financial consultants to sell standalone payment coverage plans. New policies will not offer only loan repayment coverage but also to cover some part of income. It will focus on wider protection for clients. Another financial analyst Mr. John Allison has stated that most of the people prefer just health and property insurance. There are very few people who have loan payment coverage or life style coverage. In such case, people may face difficulties to maintain financial requirements if there is any fall in income due to any reason. Therefore, any type of payment coverage plan will present real opportunities for policy sellers. This market is exploring now with selling of just loan payment coverage to permanent long term income protection coverage like ppi claims(http://www.ppiclaims.uk.com/ End
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