Mortgage Protection Insurance

If you died tomorrow, could your family still pay the mortgage? Give your loved ones the security of knowing they'll have a roof over their heads no matter what the future brings. Mortgage Protection Insurance is comprehensive life insurance that ensures if the unthinkable occurs, your loved ones will not have to worry about how they are going to meet the mortgage repayment. Upon death, payment will be made to the owner of the policy or your estate, or if you prefer you can assign benefits to your bank.

• Full comprehensive cover on acceptance
• If you’re diagnosed with a terminal illness you’ll receive your payout early – so you can enjoy it in the time you have left
• The special events increase benefit allows you to increase your cover without further medical underwriting, if you increase your mortgage by more than $25,000, or if you start/add to your family.
• Your cover level will be adjusted to keep up with inflation once a year to ensure your insurance cover won’t leave you short, or you have the option of freezing your premiums and your cover level will decrease each year accordingly
• Option to have $5000 paid out early to cover the immediate cost of the funeral
• No lengthy, complicated forms to complete
• Short, simple medical and lifestyle questionnaire to answer
• Your policy will continue to cover you for as long as you want it to
• You’re covered anywhere in the world.