Mortgage Protection

Mortgage Protection Through Life Insurance

Mortgage Protection

Mortgage protection through life insurance is a vital consideration for homeowners. It ensures that your mortgage obligations are met even in the event of unforeseen circumstances, providing security for your family.

Why Mortgage Life Insurance is Essential

Financial Security for Loved Ones: In case you pass away within the policy term, mortgage life insurance can provide a significant pay-out. This is crucial if your family rely on your income to afford mortgage payments.
Flexible Coverage Options: You can choose coverage on a life-only basis or include critical illness cover for comprehensive protection.

Types of Mortgage Life Insurance

Decreasing Term Life Insurance;

- Ideal for Repayment Mortgages: This policy is designed for repayment mortgages, where the pay-out decreases over time, in line with your decreasing mortgage balance.
- Matched to Mortgage Duration: The term of the policy is aligned with the duration of your mortgage, ensuring you are covered throughout the entire mortgage period.

Level Term Life Insurance;

- - Suited for Interest-Only Mortgages: This policy is tailored for interest-only mortgages. The fixed pay-out is calculated to cover your mortgage balance adequately.
  - Consistent Coverage: The benefit amount remains the same throughout the policy term.

Why Choose Us?

Debt Clearance:

In the event of your death, the policy pays off the remaining mortgage, relieving your family of this significant financial burden.

Flexible Coverage Options:

Choose from Decreasing Term Life Insurance for repayment mortgages or Level Term Life Insurance for interest-only mortgages.
Tailor the policy term to match the duration of your mortgage for complete coverage.

Critical Illness Cover:

Option to include critical illness cover, offering financial support if you become seriously ill and unable to meet mortgage payments.

"Fortress Insurance displayed an impressive understanding of our unique needs, prioritizing our interests to identify the perfect product and coverage level for us."

"Excellent service from Fortress Insurance who were able to secure the level of cover I needed. I was able to switch my personal life insurance policy to a relevant life insurance plan that is now paid for by my business as a tax deductible expense."

"As a self employed plumber I struggled to get income protection at an affordable price. Jordan at Fortress Insurance understood my occupation as was able to find me the right level of cover at an affordable price . Highly recommend "

Let us help you protect your Fortress

Contact our team today for personalised advice and start your journey towards financial peace of mind for you and your family.