Why choose Mortgage Protection?
- Mortgage protection is specifically designed to ensure your mortgage payments would be covered in the event you passed away or fall seriously ill during the term of your policy.
- Peace of mind knowing you and your family will not miss any repayments.
- Covers mortgage repayments for up to 2 years.


Why our fee free expert advice helps
- With so many different factors to consider, it’s important you get it right – that’s why we’re here to help.
- The cheapest cover isn’t always best, so let one of our experts make sure that it’s the right cover for you.
- We compare the UK’s leading insurers so we can give you advice that you can rely on.
FAQ’s
A mortgage protection plan works in a very similar way to life insurance but with a plan specifically designed to match the outstanding balance of your mortgage. Most people will have less to pay off as the years go by as they continue to make monthly payments, A mortgage protection plan can reflect this with a decreasing level of cover which often makes monthly premiums cheaper as the pay-out decreases.
With mortgage life insurance, you will need to know how much is left on your mortgage and what your monthly repayments are likely to be for the rest of the term. You can then take out life insurance to match the outstanding balance exactly, in result of your death your family would receive a lump sum which they could use to pay off the outstanding balance so they could keep their home. You can also add Critical Illness Cover or Income Protection Cover to your plan to cover you in result of serious illness so you wouldn’t miss any monthly payments and risk losing your home.
If you die when you still are paying off your mortgage, the loan still remains and the monthly payments will still need to be made. If you leave the property to family or friends in your will, they will be able to take over those payments, providing they would like to keep the home and funds are available. If you decide not to leave the home to someone or the heir doesn’t want to keep it, it can be sold and the outstanding balance will be paid to the mortgage lender. If the home is worth more than what you owe, the variance will go to the heir.
If the beneficiaries decide to keep the property, they will be responsible for paying the mortgage repayments, or it can be paid by the executer of the will before savings are passed to the beneficiaries. If the outstanding balance is larger than the amount in the estate, the property may need to be sold.