For ultimate choice, you can choose between two levels
of cover:
Budget Cover
Ensures the full amount you owe (less any late payments and
interest on late payments) will be repaid up to a maximum of
£35,000
If your Finance Agreement includes a final lump sum, this cannot
be covered by Payment Protection Standard Cover - Gives you the
same as Budget Cover - Provides additional cover for your monthly
repayments, for up to £1,000 per month
If you cannot work due to sickness or accident for more than 14
days in a row, one monthly payment will be paid
You will receive further monthly payments for each additional 30
consecutive days, until you go back to work or the balance of your
agreement is repaid (whichever happens first)
Premier Cover
Offers all the protection of Budget and Standard cover
We will meet your monthly repayment up to a maximum of £1,000
for each full month that you are registered unemployed, until you
return to work, the balance of your agreement is paid, 12
consecutive monthly payments have been made, or a total of 24
payments have been made in the life of your agreement (whichever
happens first)