Paymentshield has launched a stand-alone mortgage payment protection policy called Firstrate.

Firstrate will be underwritten by Hamilton Insurance and provide full accident, sickness and unemployment cover, based on a 60-day excess, from £3.55 per £100.

Agents for Paymentshield can choose two methods of commission payment; either a guaranteed one-off payment of up to £100 and £200 for joint cover or 25% of each premium received for the lifetime of the policy.

Paymentshield sales and marketing director Gareth Riding said the company supported the government's move to bring down the cost of mortgage payment protection insurance.


The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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