Considering mortgage life insurance?
Protect your family home
Plans starting from £7 a month
Get cover for over £250k
Fill in a super simple form. By clicking one of the buttons dotted around this page.
Speak to a very friendly advisor, based here in the UK.
Arrange for your plan to start.
What is mortgage life insurance?
Mortgage life insurance is designed to cover the cost of your mortgage if you were to pass away. Protecting your family from mortgage repayments, that they would struggle to pay, if you were not around.
When you set up your mortgage life insurance, you would likely select the cover that would pay out what your outstanding mortgage is.
If you or your partner (if on a joint policy) were to die during the time your policy was valid, the insurance provider would pay out a lump sum – tax free – to your beneficiaries.
You would get a payout from the insurance by paying a monthly or annual fee towards your policy provider and staying with the agreed terms, set out when you start the policy.
It’s a great way to protect your family against costs that they might struggle with when you are no longer around.
Your policy lasts as long as you are paying into it. If you stop paying into your policy the insurance will expire.
Mortgage Life Insurance
Your insurance questions answered
How much would my family receive?
This will likely be dependent on your personal circumstances.
Some will use it to cover the outstanding mortgage repayments, or others will cover future living costs for their family.
Unsure about the cover you will need?
Don’t worry, speak to a professional advisor on the phone and they can talk you through what they recommend.
Who should consider mortgage life insurance?
Homeowners with outstanding mortgage to be paid off.
How long should you take out your policy for?
If you are looking to cover your mortgage, you should use this a s a guide, by understanding how long you have left until you pay off your mortgage.
You will then be covered, as long as you continue to stick to what wrote down in your policy. If anything changes (medical health or smoking) you will need to update your policy provider.
Life insurance providers will pay out if you have been totally honest on your answers. If you have had a cigarette in the last 12 months, be honest about it.
How to apply
Fill in a few simple questions, through one of the buttons dotted around this page. Once you have answered the questions and filled in your details, we will pass you on to a professional advisor. Your advisor will then work with you to generate a quote.
If you are happy with the quote then you can start paying towards your policy on a monthly or yearly basis.
The time that you are
You would receive a quote for payment into the policy. Which will be determined on your lifestyle (if you smoke, any medical conditions). You would pay a monthly or yearly fee into your policy provider.
Note: Life cover policies are not savings and investment products and have no cash value unless a valid claim is made.