helpucover : Mortgage Payment Protection

Product profile

Description 

• Vital if you want to protect your home and family should the unexpected happen and you are unable to work - if you lost your job, fell seriously ill or had an accident
• Short term mortgage and other costs protection, should illness or injury prevent you working, or you become unemployed 
   

For

• Aged 18 to 64

• Employees and the self employed

• With a residential mortgage that is not in arrears

Maximum monthly amount payable

• Monthly mortgage repayment

• plus mortgage-related outgoings up to 25% of mortgage agreement amount

• the total is limited to £2,000 or 65% of gross monthly income, whichever is less

Basis of cover

• Normal occupation

• Benefit paid for up to 12 months
• Benefits paid up after 30 days
• Paid direct to you in addition to any other benefits (i.e. Statutory Sick Pay)
• Reviewable annually

Benefits

• You choose the amount

• Back to work support service

Not covered

• Pre-existing conditions

• Chronic conditions

• Normal pregnancy, miscarriage or abortion

• Any condition of a mental or nervous origin including stress, anxiety, depressions and post-natal depression unless certified and under the continuing care of a consultant psychiatrist

• Backache or related conditions unless there is supporting medical evidence

Options

• Accident & Sickness protection or Accident, Sickness & Unemployment

• Back to Day One (30 day wait period)

• 60 day wait period

• 90 day wait period

Want to know more?

• Mortgage payment protection information at helpucover.co.uk

• Get a quote

Last updated: 15 July 2008