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Mortgage Protection

This is a simple protection policy which should repay back a mortgage in the event of death (or critical illness if an accelerated policy is in place). When you get a mortgage from a bank or building society, there is a requirement that you take out a mortgage protection policy to ensure that the mortgage is fully repaid even if you die. At a minimum the policy should be paid on in the event of joint life first death basis. Many options exist.
It is important in this time of increasing mortgage interest rates to review your protection at least every 5 years to ensure that the amount that would be payable in the event of a payout should cover the mortgage owing at that time.
As with all protection products it is vital to ensure that the finer detail is explained to you in full before deciding which product suits your needs and that of your family. 

Metropolitan welcomes all enquiries in this regard and we are happy to explain in full all aspects of products provided through our agencies in fact, we insist on it!

 

For more information contact us! Today.

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