Mortgage Insurance Offers
Peace Of Mind

When buying a freehold property that is funded by a mortgage, you are obliged to take out mortgage insurance. This insurance cover pays for the cost of rebuilding or shoring up your property should it be burnt to the ground or suffer subsidence

In addition you should think seriously about safeguarding your mortgage payments in the event of sickness, accident or redundancy with mortgage insurance.This is one form of protection that you really must have. Trying to save money here may seem tempting, but one never knows what is around the corner

Better be safe than sorry, once covered you can relax in the knowledge that should something untoward happen your mortgage payments are covered, or in the event of death money will be available to clear the mortgage

For most of us, our mortgage payment is the largest monthly outgoing we have and we rely on being in work to make our mortgage payments. A mortgage insurance safeguard policy is designed to make sure that, in the event of unemployment, sickness or accident, our mortgage payments will still be met

There are a number of flexible mortgage insurance options that are available and it may be worth obtaining independent advice from your financial advisor to see which one is appropriate for your particular situation

There are plenty of companies that offer mortgage insurance quotes online, and we suggest you compare the various options, cover level and price of each to give you an idea of how much it is likely to cost

Some companies may offer you cover from the first day of unemployment or sickness that you may need, but obviously will come at a higher price than one that switches in after 30 days