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Mortgage Protection
Mortgage Protection is life and/or serious illness cover,
designed to pay off your mortgage in the event of your death /or
a serious illness. It is a cheap form of cover as the sum insured
reduces as you pay off your mortgage. The term of this product
is linked to the term of your mortgage. Premiums will not increase
at any time during the term of the policy.
Purpose of Product
If you take out a mortgage your lender will require you to take
out some form of mortgage protection. Whilst you are only required
by the lender to get life cover, this product can also cover you
in the event of a serious illness or permanent total disablement.
Sample Cost
There are great differences in the cost of cover provided by different
insurers. Use our online quote system to get an up to date price for you or your family and don’t simply accept the
cover offered by the lender. You may end up paying a lot more by
going with the lender cover. We pride ourselves on being able to
offer our clients the most competitive
product.
Options
In addition to a combination of life and serious illness cover,
you can also add these additional benefits:
- Permanent Total Disablement (automatically included with some
life companies)
- Hospital Cash
- Personal Accident
- Waiver of Premium
- Inflation Protection
- Protection Continuation
Further Information
To take through your options in greater detail, or to receive a
no obligation, personal quote, please contact
us.
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