Why cover:
  • 6 of 10 UK mortgage holders have life cover*
  • secure your loved ones’ well-being
  • price at all-time low, cover from £5 a month
Why us:
  • helping you find the right policy for you
  • critical illness cover; heart attack,cancer,etc.
  • the whole market compared, fast & free

Who needs mortgage life insurance?

Simply put, anyone who has a mortgage will need mortgage life insurance.

Why do people fail to buy life insurance to cover a mortgage?

Here are some of the reasons why:

  • “I didn’t really think it was needed.”
  • “It is highly unlikely that I will die within the coverage period so the cover is just a waste of time.”
  • “I can’t afford to pay extra for the premiums.”
  • “I’m not healthy enough to get life insurance.”

This insurance product is there to ensure that should you pass away, your family will not have to worry about paying the mortgage. Mortgage life insurance will kick in and pay the remaining mortgage.

Sadly, statistics show that about half of all mortgage holders have failed to secure their mortgage via life insurance coverage.

This is based on research by Sainsbury’s Finance and indicates the degree by which individuals of a certain age group don’t have mortgage life insurance cover to protect their mortgage.

But let us look a little more at those who will need mortgage life insurance more than the others:

Mortgage life insurance may seem an unnecessary expense, but with today’s hard times, it will do good to protect your substantial investment on the house with this highly affordable life insurance product.

Latest update: 14.06.2013

Get your mortgage life insurance quote now, fill our form on the right.

Other sites: critical illness cover, lifeassurance.org.