Mortgage Protection Insurance

Protecting your home......making the payment. With Mortgage protection insurance your mortgage gets paid while you recover therefore protecting the family and the home.

Mortgage Repayment insurance/cover offers a Agreed Value monthly benefit, which is not then financially assessed again at claims time. Your choice of waiting periods and payment terms Partners Life's Mortgage Repayment Cover provides you with the flexibility to structure your plan to most closely suit your needs. You have a choice of six waiting periods, the period of time before your monthly Mortgage Repayment Cover claim payment begins after becoming disabled; either 4, 8, 13, 26, 52, or 104 weeks.

You also have a choice of two cover terms, either to age 65 or 70, and six payment term options of 3, 6 or 12 months, 2 or 5 years, or to the end of the cover term. Your adviser will assist you to understand the implications of these options to enable you to make the best choice for your personal circumstances. Once the mortgage has been repaid You can keep the agreed Mortgage Repayment Cover in place even once the mortgage has been completely repaid, as long as you keep paying the premiums.