When applying for mortgage payment protection insurance you will be asked to have read, understood and accepted the following five documents (all available online):
- Policy Summary,
- Policy Wording,
- British Insurance Ltd Limited Terms of Business,
- Statement of Demands and Needs,
- Initial Disclosure Document.
Material Facts
You are reminded that you must provide all material information likely to influence the acceptance and assessment of this insurance. If you have any doubts as to whether a fact is material it should be disclosed. Failure to disclose all material facts may invalidate your policy or may result in your policy not operating fully.
Data Protection
We will use the information you have provided to decide whether to offer insurance to you. We may further use this and any other information we obtain about you to adminster your policy, to process claims you may make on your policy, to comply with regulatory requirements and to prevent fraud. This may include disclosing information about you to one or more insurance companies, loss assessors, regulatory authorities and fraud prevention agencies. If you have questions about our use of personal information, or if you believe our records are inaccurate, you should write to the Data Protection Officer, Paymentshield Limited, PO Box 313, SOUTHPORT, PR9 9WZ.