Safeguard your home and family with cover that suits your needs
Mortgage protection insurance is a type of personal insurance designed to cover your home loan repayments in the event you are unable to work due to injury or illness - or help your family cover the monthly payments in the event of death and protecting your new home.
Mortgage protection insurance could help you protect one of your biggest investments. To weigh up the cost vs benefit of having this insurance depends on your personal circumstances.
1. Do I need a mortgage insurance policy?
It depends – everyone is different, we will evaluate your needs. Buying mortgage insurance cover can be useful for giving peace of mind when you lose your ability to earn.
2. When does a mortgage insurance policy payout, and what am I entitled to?
Each policy has an excess period, which is the amount of time you need to wait before being entitled to payment – usually a set number of weeks. Your entitlements will be what you agreed to, usually a set amount per week, fortnight or month.
3. What are the exclusions for mortgage insurance cover?
Generally, common exclusions include:
4. How do I structure my Mortgage Cover and premium?
There are many ways to structure your cover and premiums, allowing you to tailor cover to your needs, lifestyle and importantly, budget!
Unsure?
Our advisers will help you find the right insurance cover tailored to your needs.
If you’re keen for a chat, call us now on
0800 20 20 11
from:
9:00am – 7:00pm Monday to Friday,
10:00am – 4:00pm on Saturday.
If you’re too busy, we can call you instead, or why not get a quote now?
Fair Advice NZ
3 Springside Drive
Flatbush, Auckland 2019
E-mail address:
[email protected]
Opening Hours:
Monday- Friday 9:00am – 7:00pm
Saturday 10:00am – 4:00pm