Mortgage Repayment Cover (Disability Income Cover)

Business & Commercial Insurances
Balance Advisors

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Your house is not only likely to be one of your most treasured possessions but is probably the single most valuable asset you own.

In the event of your injury, sickness or even death, how would you and/or your family cope with making monthly mortgage repayments?

The purchase of your home is one of the largest financial commitments you will make. Once you have committed yourself to a home loan, your lender typically expects you to meet your repayments, even when you can’t work due to sickness or injury. No one likes to think about serious illness or death, but it makes sense to reduce the financial impact of such possibilities. Have you thought about how your dependants would repay the mortgage on your home if you were to die suddenly or be unable to work due to serious illness or a prolonged period of disability?

Mortgage protection works when you can’t through a range of cover options that are designed to meet your needs.

Business and Commercial Insurances