Mortgage Protection –
from €2.33 per week*
Your Mortgage Lender will make sure you have mortgage protection in place when you take out a mortgage on your family home. Your mortgage protection policy pays off the outstanding amount due on your mortgage if you die so your dependents own the house. Mortgage Protection is a form of life insurance.
You DO NOT have to buy mortgage protection insurance from your lender” which means that you can change your insurer anytime to save you money.
In the last number of years, Mortgage Protection Insurance policies have reduced in premiums and therefor if you have a policy which is now more than 5 years old, you may find (subject to health status etc.) there is a more competitive policy available to you which could save you significant premium over the life of the policy
*€10.10 is based on a joint mortgage of €140,000 for a male & female aged 25 non smokers over 20 years.
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