What would happen if you were unable to work for a period of time or worse still, were no longer around? Would you have the savings to cover your repayments and safeguard your family’s future?
If you have a mortgage, it’s an excellent idea to protect yourself against the unexpected. We offer a number of ways to make sure your home stays in your hands.
Mortgage Repayment Insurance pays a monthly benefit if you become injured or fall ill and you’re unable to work. The benefit is paid after your selected waiting period until you return to work, or until the end of your cover term. You may be entitled to a Partial Disability Benefit if you go back to work but are unable to work full-time.
Mortgage Repayment Insurance is an Agreed Value monthly benefit, which means you’ll know exactly how much you’ll get paid in the event of a claim.