https://www.thelandsite.co.uk/articles/insurance-how-to-protect-your-mortgage
09-07-2020
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Insurance! How To Protect Your Mortgage?
Posted by Mortgage Squared on 9th July 2020 -
What Do You Need?
There are four types of insurance you should consider when taking out a mortgage:
- Buildings insurance: To cover the rebuild costs if something happens to your home.
- Life insurance: To cover the cost of paying off your mortgage, if you die before it is paid off.
- Critical illness cover: To help cover the cost of paying off your mortgage if you get diagnosed with a life changing condition.
- Income protection: To help cover your mortgage payments each month if you are unable to work due to an accident, sickness or redundancy.