Mortgage protection insurance from insuremypayment.co.uk offers you cover in the unlikely event that you maybe unable to work or lose your job for any reason.
Mortgage protection insurance, does exacly what it states. It is an insurance policy that cover your mortgage and protects you in cases where you cannot meet your monthly outgoings.
Most people can get mortgage protection insurance as long as you are not self employed, aware of impending unemployment or aware of any health problems at the time of taking out the policy.
Mortgage protection insurance - the basics
As an example, if your mortgage payment is £900 a month, how would you pay this if you had no regular income? This is where the mortgage protection insurance takes over and will pay your mortgage each month for up to 24 months.
You can normally claim if you have an accident, become sick or are unemployed, this is the reason the mortgage protection insurance is often reffered to as ASU cover.
You cannot make a claim under the policy if your problem is cause by a self inflicated injury, alcohol or drugs.
