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.
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Repays mortgage if the insured dies or suffers a terminal illness.Learn More Get Quote
Ensures the financial stability of the family if the insured dies.Learn More Get Quote
The insurance plan gives coverage against specific diseases.Learn More Get Quote
Ensures a regular income for the insured who is unable to work.Learn More Get Quote