Mortgage and Income Protection

Mortgage Payment Protection

Mortgage protection such as accident, sickness and unemployment cover can provide peace of mind as you know that in the event of redundancy or illness your mortgage payments will be maintained and your home will be safe.

Most mortgages do not have any protection insurance included as standard, so it's important to decide which type of cover is best for you. Accident, sickness and unemployment cover insures you against changes in your circumstances due to redundancy, disability, or illness. Payments are generally made for up to a maximum of 12 months. For cover offering longer term protection you may want to consider income protection.

Income Protection

This offers you the security of knowing that your essential repayments will be made if anything happens. For example, if you are unable to work for a while due to an accident, a lack of comprehensive cover, such as income protection, means you will be reliant on state benefit - around £80 per week - this is unlikely to be sufficient to enable you to meet your mortgage repayments. This is where income protection can help as it provides a tax free monthly payment.

For more information about Income Protection and how it works, please visit our Income Protection Explained page.

Do You Want a Mortgage and Income Protection Quote?

Contact us today to get a personalised quote for mortgage payment protection or for income protection.