Mortgage protection in Cork
What is Mortgage Protection? ď‚— It is a life insurance policy that ensures that your
mortgage is paid in full if you die or if you are diagnosed with any serious illness during the time of your plan.
How to find the best Mortgage protection provider in Cork? ď‚— Cork is flooded with several insurance policy
providers in the name of financial advisors. But choose the right one by verifying their credentials.
ď‚— If they are good at providing mortgage protection
cover, they must have the following features,
Independent financial advisors Qualified and certified Must allow you to switch to lower rates
How does a mortgage protection cover work? Mortgage Protection in Cork works as two different policies. ď‚— Single life policy:
This is for a single person and it is payable on the death of that person during the policy term. ď‚— Joint life policy:
This is for two people and it is payable on the account of the first death during the policy term.
Who can get a Mortgage protection in Cork?
Anyone who is having a mortgage to be paid is eligible to get mortgage protection cover