getMY : Mortgage Protection

Product profile

Description 

Designed to protect you against being unable to pay your monthly mortgage payments, when you can't work through disability (accident & sickness) or unemployment.

Being unable to work - whether through involuntary redundancy, ceasing trading (if you're self-employed), an illness or injury, or to become a carer - is distressing enough, without the extra worry of how you are going to pay your bills.

getMY mortgage payment protection insurance not only provides the reassurance of covering your monthly mortgage repayments but also provides 'Back to Work' assistance; a free, independent and confidential telephone advice service for getMY customers offering guidance on job seeking, CV preparation and job interview techniques.

For 

• Aged 18 to 64

• Taking out or has a mortgage that is not in arrears

• Employees and the self-employed

• Part-time and contract workers

Maximum amount payable

• £2000 a month

• You can choose the level of monthly benefit to cover your monthly mortgage repayment and related insurance premiums, rounded up to the nearest £10

• The monthly benefit you select should not be less than your monthly mortgage payment

Basis of cover

• Normal occupation

Benefits

• You choose the amount

• Carer benefit

• 'Back to work' assistance

Not covered

• Any chronic or continuing medical condition you already have

• Any medical condition which occurs in the first 24 months of the policy as a result of any medical condition for which treatment had been given or diagnosis commenced during the 12 months before the start date

• Normal pregnancy or childbirth

Options

• Accident, sickness (disability) & unemployment

• Accident & sickness (disability)

• Unemployment only

• 6 or 12 monthly benefits

• Waiting excess days 30/60/90/120

Last updated: 31 October 2008