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Protecting Repayments
If a
borrower is unable to continue their regular mortgage payments
for any reason, their home is put at risk of repossession by the
mortgage lender. Loss of income due to sickness, accident or
redundancy are the most obvious reasons why a borrower my not be
able to be able to keep up repayments. Recognizing this, we are
able to offer insurance to protect a borrower in these
circumstances. State funded support for mortgage borrowers who
suffer a loss of income has been greatly reduced in recent years
and it is therefore strongly recommended that all borrowers
consider taking out such protection.
You can find more information
about this and other kinds of cover in our Insurance
section.
Also available in this section:
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