I’m getting a new mortgage, can I transfer my Mortgage Protection?

If the level of cover and term on your existing Mortgage Protection plan matches that of your new mortgage, then your bank will be happy to accept the plan. However as the term and level of cover on your Existing Mortgage Protection decreases each year, it is very possible it will not match your new mortgage needs.

Don’t panic just yet, with no serious health issues it will be straightforward to get a new Mortgage Protection plan in place.

If you are in a hurry you can apply online and check all the different providers. If you need any advice just give us a call and we will be delighted to help.

Read more:

1. 1. Who Receives the Payout if I Add Serious Illness Cover to my Mortgage Protection?
2. 2. Will My Health Issues Affect my Chances of getting Mortgage Protection?
3. 3. Who Can be Covered?