Mortgage Protection
The term 'Mortgage Protection Insurance' can best be described as any 'life assurance' required / accepted by a lender to support the loan they are providing to the borrower.
The cheapest form of insurance to support your loan is 'decreasing term' insurance but you should consult us on the product most suitable to you and your family's needs and circumstances.as somestimes it's best to use a level term policy if the mortgage is interest only.
How do we manage this?
We get paid a commission by the financial institution whose mortgage protection policy you purchase. Rather than keep it all for ourselves, we share 60% of it with you. That's the kind of folks we are!
We seek out the best quote for you from the following insurers:
- Caledonian Life
- Eagle Star
- Hibernian
- Irish Life
- Friends First
- New Ireland
- Standard Life
- Canada Life
Some insurance brokers are known as 'tied agents'. This means that they are tied to particular lending institutions. What this means for you is that you won't get the same range of offers as you would with Moneybrain.
