Mortgage Payment Protection Insurance (Also called ASU)
Insurance offering full or part payment protection for a mortgage.
The policy is just not linked to a mortgage but can also cover, Rent, Council Tax Payments,
Utility bills, HP/Loans and Credit Cards, Insurance Premiums and School Fees. It pays monthly
payments when the policy holder is unable to work through illness, accident or unemployment
(depending on the policy type held).
Term Insurance
fixed term life insurance that pays a guaranteed sum in the event of death.
Can cover one or both of the parties and is essentially aimed at paying off the mortgage.
Decreasing Term Insurance
As above, but cheaper because the sum assured decreases (approximately)
in line with the outstanding mortgage.
Buildings and Contents Insurance
Cover for buildings damage and fire, theft and accidents for contents.
Click on the Insurance header for online quotes for any of the above or email us for more information.