Income Protection Insurance
This mortgage payment protection insurance is age related, and gives young and middle aged homeowners low cost cover to insure against the risk of losing their job.
This mortgage payment protection provides cover if you can’t work due to sickness, accident or involuntary unemployment for up to 12 months. The cost of this insurance is rated on your age, so the younger you are the cheaper it is, and premiums will remain the same.
It is often difficult for first time buyers to make sure that they have enough of their budget left over for insurance. This mortgage protection policy is affordable and can comfortably insure your mortgage payments are met, within your budget.
There are other providers of Payment Protection Insurance (Short-Term Income Protection) and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk
IMPORTANT NOTE: Your home may be repossessed if you do not keep up repayments on your mortgage.