Working When You Can’t
Mortgage Protector can be a combination of:
- Lump sum cover (in case of death, serious illness or permanent disability); and
- Regular monthly payments when you are unable to work due to sickness or injury.
Available for residential and investment properties as well as tenants to insure their rental payments.
Regular monthly payments for redundancy are available as an optional benefit.
Simple, short application form available for covers up to certain levels. Additional cover can be included on completion of a full application if required.
Why You Need It
The purchase of your home is one of the largest financial commitments you will make. Once you have committed yourself to a home loan, your lender typically expects you to meet your repayments, even when you can’t work due to
sickness or injury. No one likes to think about serious illness or death but it makes sense to reduce the financial impact of such possibilities.
Have you thought about how your dependents would repay the mortgage on your home if you were to die suddenly or be nable to work due to serious illness
or a prolonged period of disability?
Mortgage Protector works when you can’t through a range of cover options that are designed to meet your protection needs.