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MortgageProtector
Mortgage Payment Protection for new clients. Cover for monthly mortgage payments plus an optional 33% additional income protection
Product Summary
- Protect your clients with a monthly benefit of up to £3,000, subject to a maximum of 75% of their gross monthly income
- Your clients can cover an additional 33% of their monthly mortgage payment and related insurance costs, helping to protect other household expenses
- You can now provide cover for customers who have taken advantage of Government and Local Authority Shared Homeowners and Homebuy Schemes
- You have the option of offering the inital 6 months free of premiums, 3 months free or no free period
- Flexable benefit periods of either 12 or 24 months
- There is a wider choice of qualification periods up to 180 days
- You have the ability when offering full ASU cover to select different qualification periods for Disability (Accident & Sickness) and Unemployment
- The product has been awarded Defaqto 5 star rating
- Commission initially will be increased on new business to 27.5% until such time as we have developed an online application process
- Option of single or split cover with a joint proposer
Product Documents
Insurer