Mortgage Protection Insurance - Mortgage Protection Quotes

Reasons to choose Mortgage Protection Insurance

Helps your loved ones stay in the family home
Ensures your family will not have to worry about missing repayments
Peace of mind for you and the family that if you pass away, the mortgage can be paid off

Why taking expert advice makes the difference

Mortgage protection is a type of life insurance that is taken alongside your mortgage. Our experts are more than happy to talk you through how this works
There are two main types of mortgage life cover: level term cover and decreasing term cover. The type you might need will depend on your mortgage
We'll explain how this type of cover can save your home for your loved ones, prevent missed payments or repossession

Watch our Mortgage Protection video

Frequently asked questions about this type of policy

What's the difference between Level Term Cover and Decreasing Term?

Level term policies offer the same amount of cover throughout the term of the plan.

Decreasing term policies reduce cover to match the reducing debt of some types of mortgage, making them cheaper.

What if I change my mortgage?

Don't worry - you're not tied into the cover for the life of your mortgage. You can change your cover whenever you like. If you change the amount of your mortgage, just make sure you review your mortgage life cover too as you might be under-protected - or hopefully be able to save a small fortune with a cheaper policy.

Will the money go straight to my mortgage lender on my death?

Mortgage life cover doesn't get paid directly to your mortgage lender it goes to the beneficiaries that you choose, unless otherwise arranged.

My partner is not named on my mortgage. Can they be covered?

That's fine. Partners don't have to be named on the mortgage in order to be covered. Your partner passing away could still have a financial impact on the household and vice-versa.

Is Mortgage Insurance mandatory?

No, a lender won’t usually insist that you have a policy as a condition for accepting you for a mortgage. However, just because mortgage insurance is usually optional, it doesn’t mean that you should ignore it. Read this blog to find out more.

Can I get joint Mortgage Insurance?

Yes, you can. Chances are, your family’s finances will suffer in the event of either you or your partner passing. Getting a joint policy will protect your home from either eventuality.

£119, 937 - the average outstanding mortgage balance

The average first-time buyer borrowed 3.45 times their income