Mortgage Protection

Mortgage protection insurance acts as a safety net to cover your outstanding mortgage debt in the event of death or critical illness. It can prevent you and your family from having to default on your mortgage, and so potentially avoid repossession of your home.

Mortgage protection insurance is a decreasing term assurance policy running over a set term, to mirror a repayment mortgage and is designed to pay out a lump sum in the event of death and/or critical illness* of insured individuals.

*Critical illness cover is an optional extra which may be added to the plan at an additional cost.