Plain English, just the facts please!
What is it?
Mortgage protection (also known as decreasing life cover) is a type of insurance that will simply clear the outstanding mortgage amount on the death of the insured.
e.g. €200,000 mortgage protection over 20 years.
If the insured person dies within the 20 year period, the mortgage protection policy will clear whatever is owed to the bank on the mortgage.
Who needs it?
Legally everyone who has a mortgage must have a policy in place that will clear the mortgage on death.
More detail
Please contact us or see the FAQs.
Get a Quotation for Mortgage Protection by clicking here
