Why you need mortgage protection insurance

One of the most important stepping stones to securing a mortgage is to have this type of insurance in place
Also known as Life insurance, this runs for the length of your mortgage and it pays off the loan if you or your partner pass away during the term
It is recommended to start your mortgage protection policy six weeks before you draw down your mortgage
Securing mortgage protection can sometimes cause delays so it's best to get quotes early
You can also add Serious Illness Cover that will give you a payout if you or your partner are diagnosed with a serious illness during your mortgage term