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What are the benefits?
The benefits
- Choose the cover required to meet your needs. You can choose to take out the full cover or, alternatively, you may select unemployment cover only or disability (accident and illness) and hospitalisation cover.
- Protects mortgage payments and associated insurance premiums.
- Protects up to a maximum of £1,750 per month provided that it does not exceed 125% of your monthly mortgage repayments or 75% of your gross monthly earnings, whichever is the lower amount.
- No claims bonus - If you hold your policy for at least 24 months without making a cliam your monthly benefit will be increased by 10%.
- Cover is available for joint mortgage borrowers, with the monthly benefit being split between you, in proportion to your income.
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