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What is Payment Protection Insurance?
Answer:
Payment Protection Insurance can become very important when you are getting a loan and this is for several reasons. If you lose your job during the duration of your loan or get sick you will need some sort of coverage to get you over these tight spots and that is where insurance plays an important role. You can shop around for this kind of coverage and don't always have to get it put onto your loan. Some insurance companies will carry this type of coverage.