What is Mortgage Protection?
Mortgage protection is a dedicated type of life insurance. It helps secure the ownership of your home by clearing your outstanding mortgage if you die, and cover can also be extended to serious illness. Therefore it can help elevate any financial burden that may fall on a family member.
When purchasing a home, it is essential that you take out a mortgage protection insurance policy. You will usually not receive mortgage approval from your lender without one.
Dual or Joint Life cover means that your mortgage will be repaid when the first person dies if a couple was to take out the policy.
How Does Mortgage Protection Insurance Work?
When you take out a mortgage, your provider will insist that you have enough cover in place. This is to protect you in the event of your untimely death or diagnosis of a specified serious illness, leading to an inability for you to pay the mortgage. By paying a premium each month for a specified term, the policy will pay out a lump sum if the unexpected happens.
There are various different types of mortgage protection cover depending on your circumstances and what you need. Two of the most common options are Reduced Term Cover and Level Term Policy which will both provide you with different levels of protection.
Your life insurance policy will not only safeguard your family if you are to pass away but can also protect your loved ones, should you become seriously ill. If you have life insurance, your current policy may include mortgage protection already.
For more information on the different policy options, check out the FAQ section below.
What We Can Offer:
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Protection for Your Family
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Secure the ownership of your home
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Peace of Mind
Mortgage Protection FAQs
Why Choose Campion for your Mortgage Protection Insurance?
35+ years experience
Over 20 offices throughout the country
Winner of the Deloitte Best Managed Companies for over 10 years
High customer retention rates
At Campion Insurance, the most important thing to us is our customers. Choosing the right mortgage protection policy can be a sensitive process. We want to give you and your family peace of mind, knowing that your mortgage is paid should something happen.
We search the market to find you the best possible price guaranteed* so that you can rest assured knowing that you and your loved ones are protected no matter what life has in store.
Our personalised approach means that you will not only get the best prices but also the right policy cover to suit your individual needs and circumstances.
At Campion Insurance, our team of professional and dedicated advisors are on hand to provide you with support and expert advice including running through additional benefits, types of cover, financial queries and more.
*Acceptance criteria, terms and conditions apply. Price match applies to mortgage protection or life insurance quotes only. Price match only applies to standard quotes provided to Aviva Direct Ireland Limited from Best Advice (only including quotes from Irish Life, New Ireland, Royal London and Zurich) with the same level and term of cover up to a maximum sum assured of €1,500,000. Price Match does not apply to promotional offers. Price match and any discounts applied are subject to a minimum premium of €10 per month
Request a Call BackContact Us
Contact one of our local Financial Advisors on 0818 297 600 to discuss your options. Alternatively, request a call back and one of our Advisors will be in touch.
