A Mortgage Protection Policy is designed to discharge a mortgage in the event of the death of one of the parties to the mortgage so that the survivor doesn’t lose their home. You choose the initial cover amount and this reduces each year during the term in line with the estimated balance outstanding on a principal and interest mortgage. It is the cheapest form of life assurance you can buy. When taking out a mortgage you will be required to provide a Mortgage Protection Policy to your mortgage Bank.
Many ‘Instant Quote’ websites will provide you with an immediate estimate but not the cheapest quote which is available in the market. We deal with all the providers who offer Mortgage Protection in the Irish market. A number of Mortgage Protection providers price offer discounts, some match their competitors and some offer discounts off the quoted price or their competitors price – this makes it very difficult to automate the quote process. In order to ensure that we provide you with an actual quote, rather than an estimate, and that it is the very lowest quote available in the market, all our quotes are done manually by Qualified Financial Advisers. We will contact you within one hour to arrange a quote for the cheapest Mortgage Protection Insurance which is available in the market.
Some websites selling Mortgage Protection are run by marketing companies and provide incorrect information about Mortgage Protection. As you will see from the information provided at the bottom of this page, we are a real Financial Broker, not a marketing company. We combine the best of both approaches. We will give you the lowest quote available by applying the maximum discount available from each provider. If you decide to proceed we will meet you to arrange your policy properly. This ensures that you get a policy which is suitable to your needs and that in the unfortunate event that you need to claim, that the claim can’t be refused because corners were cut when you took it out.