What is Mortgage Payment Protection?
Protect your family home with Mortgage Payment Protection. In the event of accident, sickness or unemployment, a Mortgage Payment Protection Plan will mean you are able to keep paying your mortgage for a period of time.
A Mortgage Payment Protection plan is designed to ensure that you are able to continue to make your mortgage payments, and other related expenses, in the event of accident, sickness or unemployment. It is often referred to as Accident, Sickness and Unemployment cover or ASU.
These plans can pay benefits for one or two years however, if you are seeking a plan that pays for a longer period, then Income Protection Insurance may be better suited to your circumstances.
If you have sufficient Income Protection, then Unemployment Cover only can be chosen as an option.
Who is Mortgage Payment Protection For?
This type of plan is designed for those who are worried about being able to continue their mortgage payments in the event of losing income due to accident, sickness or unemployment.
It is extremely important that you take financial advice before taking out this type of plan as they are not always the most suitable or cheapest option. We’ll help you work out if this is the right type of plan for you, whether you are eligible and how much it will cost.
Let’s work together to find the most suitable Mortgage Protection Plan for your circumstances, so you and your family can rest easy knowing you’re covered for the worst-case scenarios
