Mortgage insurance is nearly as important as the mortgage itself. When you take out a UK mortgage, you may need various types of insurance, or 'protection'. For example, you may need payment protection insurance to protect you if you are unable to pay your mortgage premiums; you need home insurance to pay the costs of repairing any damage to your property and so on. Whilst insuring ourselves against an undesirable event such as sickness or even death may not be a pleasant thing to think about, the benefit of being able to set financial issues aside at emotionally difficult times cannot be overlooked.
There are many different ways to protect your family and your standard of living when you need it most and, because of the large range of products available, there is usually an appropriate policy for most circumstances and most budgets. All our mortgage advisors are fully qualified to advise you on the most suitable protection for your needs.
Click on the different protection options to learn more about these.