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Mortgage Protection

Mortgage Protection covers two different elements of your mortgage.

Mortgage Life Insurance pays off your outstanding mortgage balance if you die. You need to make sure you take out the right life insurance policy to suit your mortgage.

Interest only mortgage - needs Level Term Assurance where the sum paid out stays the same throughout the term of the policy.
Repayment mortgage - needs Decreasing Term Assurance where the sum paid out decreases in line with your mortgage as it is paid off.

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Mortgage Payment Protection pays your monthly mortgage payment if you are unable to work due to accident or sickness. Some companies will also offer redundancy or unemployment cover as an optional extra.

We cannot offer an online quote for mortgage payment protection but fill in our enquiry form and we will offer you expert advice and competitve quotes.