For Life Insurance Customers
Protecting your home is one of the most important things you can do. If you have a mortgage, chances are your repayments take up a sizable chunk of your monthly income. Who would pay this if you died? If you have a mortgage with a partner, could either of you afford to pay your entire mortgage in the event of an unexpected death? Have you reviewed your mortgage protection? For the reasons outlined above, mortgage protection is usually a requirement of getting a mortgage. However, because mortgages tend to be very long term arrangements, it can often get overlooked or forgotten about. Therefore it’s a good idea to periodically review your mortgage protection arrangements. You may even save some money!