A Mortgage Protection Policy insures the borrower’s life and is designed to pay off the outstanding mortgage balance at the time of death. Anyone taking out a mortgage on their family home must put a Mortgage Protection Policy in place for at least the amount of the mortgage and for the duration of the mortgage term. (There are exceptional circumstances where it is not necessary).
The cost for Mortgage Protection varies considerably. We can find you a competitive premium and advise you on a Mortgage Protection Policy that suit your needs. For a competitive quote talk to us today.