Mortgage Protection Cover

We are Authorised and Regulated by the Financial Services Authority (FSA) and are able to provide fully independent advice.
Our Financial Advisers have a wealth of experience in the financial services arena and are able to provide you with fully independent advice in all aspects of financial planning.

Key Features

A Plan that aims to pay off your mortgage if you die during the chosen term.

Aims

• To provide a guaranteed sum of money if you die during the period you've chosen for cover. The amount gradually decreases over the period you choose.
• If you also choose critical illness cover: To pay you the guaranteed amount of money (again, decreasing over the period you choose) if you're diagnosed as having a specified critical illness (instead of upon death) during the same period.

Your Commitments

• You agree to pay regular premiums for the term you have chosen for your Plan.
• If you select critical illness cover or mortgage payment insurance, you must inform the insurer of any changes in occupation or employment status because this may affect your cover.

Risk Factors

• If you stop paying your premiums your Plan will end, so your home could be at risk if you die or become ill.
• In some circumstances the guaranteed amount of money may not be enough to pay off your mortgage in full, particularly if your mortgage payments have not been adjusted to allow for changes in the mortgage interest rate or if mortgage interest rates average over 14% during the period of cover.
• There is no cash-in value with this Plan at any time.
• The Plan will not pay out if you do not disclose any requested information.
• For critical illness cover, they will not pay out if a claim arises from an excluded cause.