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Loan Insurance
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Loans, UK mortgages protection, hospital and redundancy cover
No matter how healthy you feel today, nobody knows what lies round the corner tomorrow. Nobody is immune from unemployment or illness, and we strongly recommend you consider protecting your payments. For a small increase in your monthly repayments, you can have complete piece of mind.
Applying for this insurance cover couldn't be easier. As long as you are aged between 18 and 60, you will be automatically accepted. And most of the policies we offer include FREE LIFE ASSURANCE, making the overall package extremely attractive (terms and conditions vary between lenders, please check them).
Redundancy cover does not apply to self-employed applicants, but many banks offer valuable alternatives, such as hospitalisation cover. This is where the lender pays your monthly repayments for you and sends you the same amount in cash, while you're in hospital.
All policies we offer give you the option of insuring both applicants (where applicable) for all benefits, so do bear this in mind if you are both employed.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
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