Paymentcare : Mortgage Payment Protector

Product profile 

Description 

Short term mortgage  repayment protection ,should illness or injury prevent you working, or you become unemployed

For

• Aged 18 to 64 males

• Aged 18 to 59 females

• Employees and the self employed 

Maximum amount payable

• The monthly mortgage repayment plus an extra 100 % for other monthly commitments

• £2500 a month

• 75% of normal monthly income  

Basis of cover

• Normal occupation

• Benefit paid monthly for up to 12 months

• Back to Day One cover after 30 days

• Reviewable annually

Benefits

• You choose the amount.

• No age, gender,smoking or occupation loadings

• Carer benefit

• Hospitalisation benefit

• Jobcare back to work advice service

Options

• ASU accident and sickness/involuntary unemployment and 4 months free cover

• ASU accident and sickness and 4 months free cover

• ASU accident and sickness/involuntary unemployment 

• ASU accident and sickness

Last updated: 10 October 2006