| The Mortgage Protection plan is designed to pay off your outstanding mortgage in the event of your death. The level of cover reduces monthly during the term to reflect the fact that you are gradually paying off the mortgage. It is not designed to build up a savings fund and there is no encashment value at the end of the term. |
| The Mortgage Protection Plan is essentially a term life assurance plan as your life is assured with a mortgage protection plan. The main difference between the two is that the sum assured will be the value of your outstanding mortgage, which is a constantly reducing figure as the mortgage is gradually paid off. |
The Mortgage Protection Plan also covers terminal illness (100% of current life cover benefit will be paid on diagnosis of a terminal illness where there are 18 months or more to run to the end of the policy).
If you were unable to carry out your normal occupation for a prolonged period of time due to an illness or injury, could you continue to meet your commitments? |
| To allow us to calculate the cost of Mortgage Protection cover for you, please complete the following form, and press "send": |
