Accident, Sickness, Unemployment Insurance / Mortgage Payment Protection Insurance.
Accident, sickness, unemployment insurance and mortgage payment protection insurance provide cover to prevent your mortgage from falling into arrears and potentially having your lender consider repossessing your home.
Accident, sickness, unemployment insurance provides assistance in covering mortgage interest repayments if you have an accident, are sick or are made redundant. This type of policy is designed for short term cover and is renewed annually. It is possible to base an income protection product on your income rather than your mortgage payments.
Premiums can be reduced by accepting a deferment period during which the policy will not pay out:
The deferment periods available are 4 or 13 weeks and the payment periods available are 12 or 24 months.
Policies can be arranged to rise with inflation.
We do not charge our customers a fee for quotations or arranging cover for any of the insurances that we offer.