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Mortgage Life Insurance

Our homes are often the single most largest investment will will make in our lives.

Whilst we spend hundreds and sometimes thousands of pounds each year insuring our homes and its contents, many of us neglect to protect our re-payments which could leave you in a vulnerable position should your income become compromised.

With Mortgage life insurance (also known as Mortgage Payment Protection Insurance / MPPI) in place, should you loose your income due to an accident, illness or even redundancy then you will receive a monthly payment to cover the cost of your mortgage.

This insurance policy is basically the same as ‘Accident, Sickness & Unemployment Insurance’ or ASU cover where it covers you against accidents, sickness and unemployment / redundancy but it is directly linked to your mortgage.

Dependent upon what type of mortgage you have should determine what type of Mortgage life insurance policy you take out.
 

Why choose us for your Mortgage life insurance quote?

We compare Mortgage Life insurance quotes from many of the UK’s leading insurance providers.

Our friendly partners are fully qualified and FSA regulated to offer you independent & none biased advice.

All our quotes are free of charge and you are under no obligation to purchase from us what so ever.

We have many years experience with both critical illness insurance and Mortgage life insurance.

Click here for your free, no obligation mortgage life insurance quote.

For example, should you have a repayment mortgage then it is usually recommended that you require a decreasing term policy where the value of the policy decreases throughout the duration of it’s life time in line with your mortgage as itself decreases in value as you are repaying it.

A fixed term policy is more suitable for those of you with an interest only mortgage because the value of your mortgage doesn’t actually decrease throughout its term.

After filling out our online quotation form, one of our friendly advisors will be more than happy to discuss your requirements and advise on which type of mortgage life insurance policy will best suit your needs.
This advice will be both free and fully independent from a qualified and FSA regulated advisor.

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