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Mortgage Protection
In short, Mortgage protection will pay off your mortgage if you die. It means your family home can continue to serve the people you love, without the financial burden of having to meet expensive monthly repayments. The amount you choose will simply be tailored around the remaining balance, term and type of mortgage you have.
Do I need it?
For most, a mortgage is the biggest commitment they will make in life. Your home is your family hub and the thought of burdening your loved ones with huge financial pressure once you’re gone, is something we at Policy Library feel strongly about protecting people against.
What type do I need?
There are fewer variants with Mortgage Protection than other types of insurance but making sure you and your family receive the maximum benefits is equally important. Our experienced advisers will investigate your financial circumstances, gathering information such as; mortgage conditions, outstanding loan amounts and/or any ongoing finance agreements. Once armed with this information, we can help you make an informed decision on the right type of cover for you.
Still unsure? We're here to help
If you're still unsure about what mortgage protection is and whether you need it, please give us a call, or we'll call you. Just fill in our request a call back form, or head to our contact page - we're here to help.
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