Compare Mortgage Protection Insurance and Mortgage Cover – what’s the difference?
Taking on a mortgage is a big commitment; with the average first-time buyer taking out a mortgage of $400k, it’s likely to be the largest amount of debt you’ll ever have.
Keeping a roof over your family’s head is your number one concern; so it’s important to consider how your mortgage payments would continue to be met should anything happen to you or your partner.
Do you have a mortgage? Have you considered what would happen if you lost your job due to ill health, an accident, or if you or your partner passed away? In a worst-case scenario, the last thing you want to worry about is keeping a roof over your head. So, it’s worth considering how you can protect your home against life’s twists and turns. Ease Insurance’s mortgage protection insurance services can help.
Before you run a mortgage protection insurance comparison it’s important you understand what home mortgage protection insurance is all about.
In brief, mortgage protection insurance is a life insurance policy that covers your mortgage. With the right amount of cover in place, it ensures that you and your family will always have a home regardless of what the future brings. If you or your partner become too ill or injured to work, or if you pass away, your family will still have a roof over their head.
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