What is Mortgage Protection?
Buying your home is one of the biggest and most important financial decisions you'll ever make. Not only is it a place for you and your family to live in and enjoy, but it also has a big role to play in your financial well-being.
What Mortgage Protection does is provide a lump sum of money to pay off the balance of your mortgage in the event of your death. It is a basic, cost-effective form of life cover designed to ensure that your family and loved ones' home is fully protected.
Mortgage Protection from Friends First has a number of key benefits:
- Cover for as long as your mortgage term - As you gradually pay off your mortgage, the level of cover you choose is designed to reduce each month in line with your outstanding mortgage.
- Great value cover - There are no increases in monthly premiums with our Mortgage Protection cover - the premiums stay the same for the entire duration of your mortgage.
- Flexible options to suit your needs - We can offer Mortgage Protection cover just for you, or for you and your spouse or partner. You can take out a life cover policy on its own, or add Specified Illness cover for more comprehensive protection.
Mortgage Protection from Friends First secures your home in the event of your death.
Your financial adviser can answer your questions about the right Mortgage Protection cover for you.
