Mortgage Payment Insurance

Mortgage Payment Insurance
This is designed to help you meet your mortgage payments if you are unable to work for a period of time due to sickness or accident. This would normally pay out a monthly sum sufficient to cover the mortgage payment and associated costs for a defined period of time.

The deferred period can be altered to take into account any employers sick pay benefits that you may have.

Unemployment Cover
This type of cover will pay a monthly sum should you become unemployed, through no fault of your own. Cover is often offered as an 'add-on' to Mortgage Payment Insurance but can also be offered on its own.