Mortgage protection insurance is designed to pay part or all of your mortgage off in the event that you become critically ill or die during your mortgage term. Mortgage protection insurance is available to cover life only, critical illness only, or a combination of the two. You can take out joint mortgage protection insurance to cover yourself and your partner or you can take this cover out just for yourself — the choice is yours.
Mortgage payment protection insurance costs vary depending on a range of factors, such as your age, employment type, and the cost of your mortgage. It can be a tricky web to navigate but mortgage insurance is highly recommended because it can keep a roof over your head when things are stressful following an accident or illness, allowing you and your loved ones to focus on getting through a difficult time.
The Mortgage Genie’s team of experts can work with you to find the best product to suit your needs at the right price. We’ll take into account all the factors affecting your circumstances to ensure you get a good quote.
At The Mortgage Genie, we firmly believe that everyone who has a mortgage should consider a mortgage protection insurance policy — every pound of borrowing is a pound that needs protecting.
No one knows what’s around the corner, so it’s a wise move to protect your mortgage. By taking out the right cover, your mortgage can be paid off if the worst should happen and you and your loved ones won’t need to worry about keeping up your monthly payments while you’re ill.
The Mortgage Genie can also help you find other essential cover to protect you, your family, and your new home. Find out more about our life insurance, critical illness insurance, income protection insurance, and home insurance.