Mortgage Payment Protection

What is Mortgage Payment Protection?

Mortgage Payment Protection covers your mortgage repayments if you are off work as a result of accident, sickness or unemployment. You may also choose to cover other mortgage related expenses such as life assurance premiums, endowment premiums and buildings and contents premiums subject to a maximum of 25% of the mortgage payment.

What are the benefits and features of Mortgage Payment Protection?

By signing up to Mortgage Payment Protection you will be taking care of your mortgage repayments if you become unable to work as a result of accident, sickness or unemployment.

Standard Cover
If you are unable to work for 30 consecutive days as a result of accident, sickness or unemployment, you will be entitled to an amount equal to 1/30th of your chosen monthly benefit (up to £2,000) for each continuous day you are unable to work, starting from day 31. Benefit will be paid monthly in arrears up to a maximum of 12 months.

Back to Day One
If you are unable to work as a result of accident, sickness or unemployment for 30 consecutive days or more, we will pay your chosen monthly benefit (up to £2,000) back to the first day of your claim. You will then be paid your chosen monthly benefit for each consecutive 30 day period you are unable to work. Benefit will be paid monthly in arrears up to a maximum of 12 months.

To receive a quotation, please complete the enquiry form.