Mortgage protection insurance is an insurance policy that pays off your mortgage if you or another policy holder dies during the term of the mortgage.
Mortgage Protection at a glance
Your cover decreases as the amount left on your mortgage decreases.
You can choose cover from 5 to 40 years. The cost will depend on your age, your health, options chosen, the term and agreed level of cover. Your payments stay the same. You must keep paying to stay covered.