Mortgage Protection

Mortgage protection life/critical illness insurance is a specialised policy designed to safeguard homeowners in the event of death or critical illness. In the case of death, the policy pays out a lump sum to cover the remaining mortgage balance, ensuring that your loved ones can retain ownership of the home without the burden of outstanding mortgage debt. Additionally, if you are diagnosed with a critical illness specified in the policy, such as cancer or heart disease, the insurance provides a lump sum payment to help cover medical expenses, rehabilitation costs, and other financial obligations, allowing you to focus on recovery without worrying about mortgage payments. This type of insurance offers peace of mind, knowing that your home and family are protected during challenging times.