Mortgage Protection is designed to repay in full, any amount outstanding on a mortgage in the event of the death of the policyholder(s).
Depending on the policy taken out, some rider benefits may be available to you on top of the principle life cover. They include:
Waiver of premium benefit - The payments are made for you in the event of incapacity due to illness
Income protection benefit - A percentage of your income is paid to you if you are unable to work in your usual employment.
Unemployment benefit - A variation of income protection benefit
Critical Illness Cover - Benefit is paid if the policyholder(s) are diagnosed with a potentially life threatening disease. In some cases it may replace the death benefit, or it may be paid on top.
These benefits will cost extra and will only be paid upon meeting certain criteria
Depending on the policy taken out, some rider benefits may be available to you on top of the principle life cover. They include:
Waiver of premium benefit - The payments are made for you in the event of incapacity due to illness
Income protection benefit - A percentage of your income is paid to you if you are unable to work in your usual employment.
Unemployment benefit - A variation of income protection benefit
Critical Illness Cover - Benefit is paid if the policyholder(s) are diagnosed with a potentially life threatening disease. In some cases it may replace the death benefit, or it may be paid on top.
These benefits will cost extra and will only be paid upon meeting certain criteria
Mortgage Protection
