Mortgage insurance is a fundamental component of risk management. In essence, this type of insurance plan can provide protection should you have the misfortune to suffer an illness, redundancy or accident which prevents you from working and thereby maintaining your mortgage payments.
Policies can vary widely. Typically they will provide either a portion or all of the monthly mortgage bill for various lengths of time if you should lose your job or become disabled. Most mortgage life insurance policies, however, will be tailored to pay off your entire mortgage if you should pass away.
Our goal is to better safeguard your mortgage following an adverse change in financial circumstances. As such, your professional Lighthouse adviser will conduct a complete review of your financial holdings and assess the merits of a variety of suitable mortgage insurance plans. We’ll aim to optimise the benefit of advised policies by weighing them against your current and prospective financial circumstances as well as the possibility of unexpected events.
Never allow the unforeseeable to put you and/or your family in grave financial circumstances. Find a suitable mortgage insurance plan with the advice and oversight of a Lighthouse mortgage and protection expert today.