Mortgage Protection
Cover structured around your home loan, so your family can stay in the family home no matter what happens.
What mortgage protection actually covers
Mortgage protection insurance is life, trauma, or income cover specifically structured around your mortgage — sized and timed to match your loan, so a death, serious illness, or loss of income doesn't put your home at risk.
Who it's for
- You've recently bought a home and want the mortgage specifically protected
- You want cover that reduces in line with your loan balance to keep premiums lower
- You have an interest-only period and want a clear plan for the switch to repayment
- You want certainty that your family can stay in the home if you're not there to pay it
What it covers
- Life cover sized to clear or reduce your outstanding mortgage balance
- Options for level cover (fixed amount) or decreasing cover (tracks your loan)
- Structuring across repayment vs interest-only loan periods
- Can be combined with trauma or income protection for broader protection
Common scenarios
A young couple structure decreasing life cover that tracks their 25-year mortgage, keeping premiums lower as their loan balance falls.
A family on an interest-only loan structures cover to account for the higher balance that remains once they switch to principal-and-interest repayments.
Frequently asked
Decreasing cover generally costs less over time and tracks a reducing loan balance; level cover stays constant and can leave extra funds beyond just clearing debt. We'll model both against your loan.
Cover isn't tied to a specific property or lender — we simply review the sum insured against your new loan when your circumstances change.
Not necessarily — bank-offered cover can be more limited and isn't always the most cost-effective option. We compare across the market.
Ready to talk about mortgage protection?
Book a free consultation and we'll walk through your options — no pressure, no jargon.
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