Mortgage Protection – ensure that your home stays your home, no matter what
Most people don’t think of the place that they live as a house or flat, a bungalow or a duplex, they think of it as a home. But when the roof over your family, the cosy space full of all the memories you’ve built up over the years, is threatened by your inability to pay the mortgage due to critical illness, accident or even death, what would you do?
Mortgage Protection offers peace of mind, because it pays your mortgage for you should you fall ill. And, across the wide range of unfortunate circumstances in which this may happen, and in which this insurance will cover you, it will be all the more important for you and the people you love to have a secure and familiar roof over your heads.
Mortgage Protection can be taken for either a repayment or interest-only mortgage. The way it works will vary according to which mortgage you have. If you have a repayment mortgage and you’re paying off interest followed by the capital, the Mortgage Protection will reflect this, providing cover that slowly reduces to reflect your decreasing liability. With an interest-only mortgage on the other hand, the capital remains untouched or unchanged, so the level of cover required will need to stay the same throughout the length of the policy.
To find out how you can ensure that your home will stay your home with the very best Mortgage Protection, call us today on 020 8958 8069.