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It is expensive, and i could always sell a car i need it for to pay off if my situation is difficult. i also have savings that could pay off my loan fully if necessary

Payment protection insurance has so many get-out clauses that it is rare that it would pay out were you to be made redundant or taken ill.if you are in full-time secure employment, then depending on the size of the loan it could possibly be worthwhile. however, if you change jobs in this time, are freelance, etc, then they are exempt from covering you anyway.on the whole payment protection is a complete waste of money and exists only to make more money for the lender. see the link below for more info.