fixed rate loan - payment protection

your safety net

  • Have you ever thought how you would make your monthly repayments if you were unable to work through no fault of your own because of accident or sickness or involuntary unemployment?
  • If this happened to you, without the security of payment protection insurance, you could be forced to dip into your hard-earned savings or even borrow from family and friends
  • Taking out a payment protection policy could ensure that if something unexpected did happen then you could be covered if you are unable to work due to accident, sickness or involuntary employment through no fault of your own
  • Claims will be paid to your account on a monthly basis until you are able to return to work, for up to a maximum of 12 months
  • We also offer additional life cover up to a maximum of £20,000

Affordable peace of mind:

  • It costs just the equivalent of 77p per £100 of your outstanding balance to protect credit card or flexible loan payments
  • If you can’t work through no fault of your own, cahoot payment protection insurance could pay 10% of your outstanding balance on a credit card or flexible loan for a year
  • To protect fixed rate loan payments costs just 15% of your monthly repayment
  • If you can’t work through no fault of your own, cahoot payment protection insurance could cover your monthly repayments for up to a year

It's easy to apply

  • If you have an existing loan or credit card account its not too late to apply, just log onto your personal homepage and apply through cahoot extras
  • New customers can just tick the appropriate box during your application for a credit card, flexible or fixed rate loan

Payment Protection is subject to policy limits, terms and conditions, exclusions and restrictions. You should read these before you apply.

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8.9% APR typical*

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policy summary
a division of Abbey National plc

*The rate you get will be based on the amount you request, your credit rating and credit history. The typical rate reflects a rating we anticipate offering to the majority of new cahoot customers.

cahoot is a division of Abbey National plc.

Abbey National plc. Registered Office: Abbey National House, 2 Triton Square, Regent's Place, London NW1 3AN. Registered number 2294747. Registered in England. Abbey and the flame logo are registered trademarks.

cahoot has designed this policy specially for cahoot customers and it is underwritten by CGU Underwriting Limited in respect of the disability and unemployment cover and CGNU Life Assurance Limited in respect of the life cover. The insurers are members of the AVIVA group. Authorised and regulated by the Financial Services Authority.