Mortgage Life Insurance
What is Mortgage Life Insurance?
- It's an insurance plan to cover a repayment mortgage.
- It's designed to repay your mortgage in the event of death, during the mortgage term.
- The cover reduces each year in line with the outstanding amount of your repayment mortgage.
- You can choose to add critical illness cover.
- The policy includes a mortgage repayment guarantee (terms and conditions apply).
- You can include Mortgage Payment Protection. This helps pay your mortgage if you can’t work due to an illness or injury.
- You can take out the plan on your own or with someone else.
- You can take this plan out from age 16 but it can't go beyond your 70th birthday. The minimum term is three years.
- If you choose Mortgage Payment Protection, the plan can't go beyond your 65th birthday and the minimum term is five years.
- The plan does not have a cash value at any time.
How Much Will It Cost?
A personal illustration will show you how little it costs. To speak to someone about what to do next call 0800 056 4508*
Get a Quote* Calls may be recorded and/or monitored for training and data protection purposes.
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