What is Mortgage Payment Protection?
Mortgage payment protection provides your clients with financial support to help you meet their mortgage payments should they suddenly find yourself out of a job. The Office for National Statistics shows that 1.85 million UK residents were unemployed in the March-to-May 2015 period* – the first unemployment rise in two years.
The Cover in Brief:
- Tax free payments to cover the mortgage in the event of accident, sickness or unemployment
- Up to £2000 monthly cover
- Covers 18 to 64 year olds
- Transference from a previous provider subject to terms and conditions
Please contact us for further details. Policy covers may vary depending on final product chosen.
*Figures released in July 2015