Lenders mortgage insurance is insurance to cover the lender if you default, it does not cover you! Generally speaking if you borrow more than 80% of the value of the property the lender will see you as a risk. To reduce the risk to the lender they take out this insurance. The lender will forward the premium that the insurer charges to you, for the lender to take this policy out on your loan.
Mortgage protection Insurance.
How would your mortgage be repaid in the event of your death or if you faced a serious illness or injury? What protection do you have and is it adequate?
We have a duty of care to offer you the information and options available without any obligation to commit. We insure our houses and our cars but we should insure our most important asset ourselves.
Mortgage protection can provide a piece of mind by helping protect you, your partner, your family and your home if you die prematurely or get seriously ill. It helps to provide dignity, control and choice in stressful times.
Although we do not specialise in Insurance we do work closely with insurance brokers we know that can provide you with the right solution and service to suit your needs. The providers we work with are involved to provide you with information that ensures that you have the knowledge to make an informed decision about what is right for your situation. There is no obligation to do anything! But it is not wise to not know your options are. We strongly recommend that at worst you meet and discuss your situation.
General Insurance
We have partners that specialise in this field and they can help insure your house and contents, Investment property, and motor vehicle. This is more of a convenience for you to save you time if you don’t have anyone. They can provide product that are well known, highly featured and well priced. Once again this is optional to you and not something you have to do with us. We do offer it though.
