Current UK economic problems should prompt homeowners to review their insurance, according to protection specialist LifeSearch. Income protection could help homeowners protect their ability to make repayments on their mortgage and any other loans. However, given the complexity of the product and the market, LifeSearch has compiled 10 tips for those choosing a policy. First of all, the firm warned homeowners not to confuse income protection with mortgage payment protection (also known as Accident Sickness and Unemployment) insurance.

Full story: yourmortgage.co.uk