Mortgage Protection Life Insurance
Mortgage Protection Life Insurance
Mortgage protection life insurance policies can come in two forms.
- Mortgage Protection Insurance – Protecting your repayment mortgage liability in the event of your death. For those with a mortgage protecting their loved ones financially so they are not left with a mortgage to pay in the event of a death can be achieved by this type of policy. See decreasing life term insurance for more information on how this policy works.
- Mortgage Payment Protection – This policy covers your mortgage payments in the event of injury, illness, or unemployment. See mortgage payment protection for more information.
If you require advice on your life insurance options speak to an independent life insurance adviser who can provide: