Mortgage Payment Protection

Mortgage Payment Protection Insurance

Mortgage payment protection insurance will pay for your mortgage payments if you have an accident, become sick or lose your job. This is usually for 12 months or whenever you secure a new job, whichever occurs first. Mortgage payment protection insurance is available to anymore who is already employed, self-employed or working as a contractor or consultant.

Mortgage Payment Protection policies come in a variety of shapes and sizes, including cover for Accidents and Sickness, Unemployment and Accidents, and Sickness and Unemployment.

Accident and sickness
Covers your mortgage repayments when you are sick or have an accident and are unable to work.
Unemployment
Covers your mortgage repayments if you lose your job through redundancy
Accident, sickness and unemployment
This is the most comprehensive policy that covers your mortgage repayments if you lose your job or are unable to work through accident or sickness.