In today’s climate many people are losing their jobs through no fault of their own. With the state of the economy how easy would it be to find a new job? Similarly, you may have an accident or sickness that prevents you from working. If this happens this could affect your ability to maintain your mortgage payments short term. Income Protection Insurance Cover could pay you an amount to cover your mortgage payment if any of the above occurs for a period of usually 12 or 24 months. This is after an initial deferred period of usually 1-3 months (depending on provider). This excludes any type of redundancy, whether Voluntary or Non-Voluntary.
Long term income Protection Insurance cover can be also arranged (subject to certain underwriting requirements)
Contact us to discuss your options.