Personal protection
Mortgage Protection Insurance is designed to help repay your mortgage if you die during the policy term, giving your family the reassurance that the roof over their heads is protected.
Key benefits
What's typically included
Important to know
Every policy is different, so exact exclusions depend on the insurer and your individual circumstances. Common exclusions to be aware of include:
Common questions
Quick answers to the things people ask us most. Can't find what you're looking for? Get in touch and we'll be happy to help.
Our Blackburn-based advisers are happy to talk it through, with no obligation.
The payout goes to your estate or named beneficiaries, who can then use it to repay the mortgage. It is not paid directly to the mortgage lender.
Decreasing cover suits a repayment mortgage, as the balance falls over time. Level cover is usually more suitable for an interest-only mortgage, where the balance stays the same.
Yes, joint policies are common and can be arranged to pay out on the first death, or in some cases on each death, depending on how the policy is structured.
It's not usually a legal requirement, but many homeowners choose it to protect their family from losing their home if the worst were to happen.
Tell us what matters to you and one of our advisers will help you explore your options.