SOME FACTS ABOUT MORTGAGE PAYMENT PROTECTION INSURANCE
Cover for Accident, Sickness (Disability), Involuntary Unemployment, Hospitalisation or Carer Cover in respect of your mortgage repayments and other regular monthly commitments:
Mortgage Protection: Cover available via this mortgage payment protection insurance policy is for the amount of the monthly mortgage repayment plus up to an additional 25% for other monthly commitments.
Mortgage Protection UK: Maximum mortgage payment protection benefit available via this mortgage payment protection insurance policy is £1500 per month or 75% of your normal monthly income, whichever is the lesser for Accident, Sickness (Disability) or Unemployment.
Mortgage Insurance: Maximum mortgage payment protection Benefit Period via this mortgage payment protection insurance policy is 12 months in any one claim period.
Mortgage Insurance UK: The first month’s mortgage payment protection benefit is paid after 30 days, back dated to Day One.
Mortgage Protection Insurance: All mortgage payment protection claims for Accident, Sickness (Disability) and Involuntary Unemployment paid via this mortgage payment protection insurance policy on a daily basis, monthly in arrears
Mortgage Protection Insurance UK: Two months Carer benefit paid via this mortgage payment protection insurance policy after 60 days and then on a daily basis monthly in arrears.
Mortgage Protection Cover: One months Hospitalisation benefit paid via this mortgage payment protection insurance policy after 7 days and then on a daily basis monthly in arrears from day 30.
Mortgage Protection Cover UK: There is a 3 month re-qualification period after each claim.
