Mortgage Protection Insurance
Our experienced insurance experts will help you to protect the structure and contents of your home against a variety of risks. Throughout the process, we’ll work with you to assess your needs and ensure you have a sufficient level of protection for yourself as well as your home. With access to a panel of providers, we can help find the cover that’s right for you and at a price that works.
If you have any questions at all, please give us a call.
We are more than happy to provide you with more information.
Mortgage Protection Insurance
Missing a mortgage payment may turn out to be more than just a hassle. In the worst case scenario, it may result in repossession, which is why payment protection insurance is a must for those who think about their future.
What are the different types of mortgage protection insurance?
When it comes to Mortgage Payment Protection Insurance (MPPI), there are mainly 3 policies to consider: unemployment only, accident and sickness only, and accident, sickness and unemployment.
If you choose unemployment only then the cover is effective if you’re made redundant as long as you are registered as unemployed and actively looking for alternative work.
Accident and sickness cover will protect you for a suspended period of time in case of an accidental injury or long-term illness when you’re not fit to work yourself.
Should you choose to insure yourself for accident, sickness and unemployment, there’s a policy for that too.
Should I get mortgage payment protection insurance?
This question will depend on your current circumstances and whether you need it. However, this type of cover can provide invaluable reassurance when it comes to making the big decision to own your own home. Mortgage payment protection insurance is there to help with your mortgage repayments until you can return to work or have found new employment.
If you are not quite sure which insurance will suit you best, then contact our team, as there are options available which might mean you don’t need to go for separate insurance coverage.
If you have a family that depends on you having life insurance is very important. It’s there to provide money in the event of your death during the term of your policy.
What does life insurance cover?
What benefit will be paid?
What is level term insurance?
What does decreasing term life insurance cover?
Buildings insurance policy protects the structure of your home – the walls, roof, floors – and any fixtures – built-in wardrobes, bathroom suites, fitted kitchen – against damage.
What does building insurance cover?
What buildings insurance might not cover?
With dedicated experience and knowledge of the mortgage industry, GTP Mortgage & Financial Services can offer comparable quotes for your mortgage by looking at the whole of the mortgage market.
dedicated case managers
We’ll ensure you have access to a dedicated case manager who is able to quickly oversee your mortgage application right from your initial enquiry to the completion of your mortgage application.
Free initial advice
We’re able to provide you with an initial mortgage consultation, which is free of charge and without obligation. We firmly believe that everybody should always have access to quality mortgage advice.