Mortgage Protection
A standard condition of any new mortgage is that you take out a protection policy, ensuring that the outstanding loan on your home is fully repaid if you die before the end of its term.
The good news is that mortgage protection is the cheapest form of life assurance on the market, but still offers maximium peace of mind over your family’s security should the worst unexpectedly happen to you.
And you can make further savings — and even enjoy additional benefits — by using Prendergast Maguire to arrange the cover that best suits your needs.
We compare policies from all the main insurers as a matter of course for mortgage customers, and will regularly review your cover so you continue to get the best value and fullest protection for your money.
Serious Illness Cover
This add-on to a protection policy offers the reassurance that your mortgage is also settled should you ever be diagnosed with a specified medical condition.
Typically, serious illnesses are considered to be those that might prevent you from working, and range from loss of hearing or sight to a stroke and the onset of Alzheimers.
If you have a joint mortgage, the plan can apply to both borrowers, and some policies will even cover your children.
|
Prendergast Maguire Financial Services Ltd |
A member of the Professional Insurance Brokers Association