Mortgage Protection

Mortgage Protection

Mortgage Protection is a simple, cost effective form of life assurance designed to pay off the balance of your mortgage in the event of death and/or critical illness. You select the level of cover you need (loan amount) and the length of time you need it (term of loan).

Under a Mortgage Protection plan, the level of cover chosen is designed to reduce each month in line with your mortgage, reflecting the fact that you are gradually paying off your mortgage.

Mortgage Protection - Core Benefits

- Mortgage Protection Life Cover

The level of cover applicable at the time of the claim will be paid out in the event of death.

- Mortgage Protection Life Cover with Accelerated Specified Critical Illness Cover

The level of cover applicable at the time of the claim will be paid out in the event of death or in the event of you suffering one of the 28 specified critical illnesses we cover.

Mortgage Protection - Cover Options

- Single Life Cover

One life is covered. The cover amount is paid out on death and/or critical illness, and the policy then ceases.

 - Joint Life Cover

Two lives are covered. The cover amount is paid out on the first claim (for death or critical illness) on either life, and the policy then ceases

Please feel free to contact us at any stage.