MORTGAGE PROTECTION

Mortgage Protection is a life insurance policy that pays a lump sum directly to your lender to clear your mortgage on your death. 

The  policy runs for the same length of time as your mortgage, and the amount you pay each month is fixed for the term.

 The level of cover generally reduces from year to year as the amount you owe on your mortgage goes down.

 This is called reducing term insurance and is one of the cheapest forms of life insurance.

 If you have changed to an interest only arrangement during the course of your mortgage you may need to review your existing cover to ensure you are still adequately insured.

Click here to request an online quote, or contact us if you would like to discuss your personal protection requirements.