Why protect your mortgage?
The range of mortgage protection products available today are designed to help you meet your mortgage commitments in the event of long term illness, unemployment, critical illness or death.
You should consider mortgage protection products if:
The ways to protect your mortgage include:
Mortgage Term Assurance
A plan which aims to provide a guaranteed sum of money if you die, or are diagnosed with a terminal illness and are eligible to claim, during the period of cover you've chosen.
Mortgage Decreasing Term Assurance
A plan which aims to provide a guaranteed sum of money if you die, or are diagnosed with a terminal illness and are eligible to claim, during the period of cover you've chosen. The amount of cover decreases during the term of the policy.
Mortgage Critical Illness Cover
A plan which is designed to pay out a tax free lump sum if during the term of the policy, you are diagnosed with a terminal illness or one of the specified critical illnesses, and are eligible to claim.
Mortgage Decreasing Critical Illness Cover
A plan which is designed to pay out a tax free lump sum if during the term of the policy, you are diagnosed with a terminal illness or one of the specified critical illnesses, and are eligible to claim. The amount of cover decreases during the term of the policy.
Mortgage Payment Insurance
A plan which is designed to provide you with a monthly benefit to help pay your mortgage if, due to illness, accident or unemployment (if selected), you are unable to work resulting in a loss of earnings.
How much cover do I need?
This will depend on your mortgage amount. We will guide you through the process step-by-step, working out how much cover is needed and the cost, as well as taking care of all the protection paperwork for you, so you don't need to worry about a thing.
Please contact us on FREEPHONE 0800 612 5094 or complete our online enquiry form to ensure your Mortgage Protection needs are being fully met and also to see if we can reduce your premiums on your existing mortgage protection arrangements.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. There may be fee charged for mortgage advice. The precise amount will depend upon your circumstances but the maximum fee would be 1.5% of the loan value. Some mortgage and insurance products are not regulated by the FSA.
FreshMortgage.net is a trading name of MDSW Mortgage Consultants who are an appointed representative of The Mortgage Times Group Limited, 279 Tottenham Court Road, London, W11 7RJ which is authorised and regulated by the Financial Services Authority no. 303007.