Mortgage Protection

Mortgage Protection

Mortgage protection provides a lump sum payment if you die during the term of your mortgage contract. If you are taking out a new mortgage or remortgaging your home, this type of cover is essential to secure your mortgage with your mortgage provider. Unlike most types of life insurance, the benefit decreases over the term of the policy, in line with the decreasing capital owed on your mortgage.

More About Your Policy

  • The policy term can be of any length between two and forty years
  • You determine the length of the term when you take out your policy
  • Cover can be arranged on a single or joint life basis


You can include specified / serious illness cover which pays out a lump sum if you suffer from one of the specified conditions such as cancer, heart attack or stroke as detailed in the policy by the product provider. Some companies offer a more comprehensive list of serious illnesses than others, and we can guide you through comparisons.

Children’s Cover

If one of your children becomes seriously ill, your accelerated policy will pay out a percentage of your main benefit. In the tragic event of one of your children dying before a serious illness claim is paid, a death benefit will be payable.

Hospitalisation Cover

This option pays a cash sum of between €50 and €200 each night you spend as an inpatient in hospital if your stay lasts more than three consecutive days – up to a maximum of one year.