Critical illness mortgage cover. Due to the coronavirus outbreak, we are currently unable to offer comparison for Unemployment cover as some of our insurance providers are unable to provide cover. Check your employer’s sick pay If you’re unable to work due to serious illness or injury, your employer may have a company scheme that entitles you to more than the statutory sick pay. £30 min spend. Mortgage life insurance is straightforward to buy as its main objective is to help pay off an outstanding mortgage repayment, in the event of a death. 07095571). Spend some time thinking about how much money you will need to receive in order to keep up with your monthly repayments without a worry. Find out why self-employed income protection matters. There are also different tabs you can select to see the different kinds of cover and how much they would cost. If you die with outstanding debt on your mortgage, it’ll be paid off from your estate if you don’t have insurance to cover it. This means that you don't have to worry about missing a payment and risking the lose of your home and damaging your credit rating; your Best Mortgage Insurance ensures that your Mortgage Lender is kept happy. Request a callback and one of our trained Insurance specialists will get back to you. Income protection would help you keep up with your mortgage, monthly bills and other outgoings. Imagine then, that you suddenly find yourself out of work and without a regular income. For example, if you currently pay £500 a month in mortgage repayments the insurance will cost between £15 - £30 a month or £180 - £360 for the year. If you wish to make an enquiry or would like to speak to an advisor, you can contact us on the following: Call us on:0330 330 9465 Email us at: info@bestinsurance.co.uk Write to us at: Best Insurance 136-140 Gemini Business Centre Old Shoreham Road Hove BN3 7BD. Call Freephone 0808 141 1332. When you take out a mortgage you are obliged to meet monthly payments to your lender. So if you haven’t got dependants, or your estate has enough money to cover the cost, you might not need mortgage life insurance. Sun-Thurs. There’ll be an exclusion period before which you can't claim on your insurance. But, it increases the cost of your loan. To check what you’re covered for, see your policy schedule in your policy booklet, or call us on 0800 015 1142. Mortgage payment protection insurance (MPPI) will cover your loan repayments for a set period of up to two years if you lose your job or have an accident or illness which leaves you unable to work. This is usually for 12 months or whenever you can return to work – whichever happens first. Critical illness cover is a policy that can either be purchased as an optional extra to your standard life insurance or as a standalone policy. They’re also a loan that you’ll need to pay back when you sell your home. There are a few things you can do to reduce the amount you pay for mortgage protection insurance. Long-term cover is also available. You can then have a longer deferred period (the time between making the claim and receiving the pay-out), which may reduce your premium. Exc. What Products Qualify For Meerkat Movies & Meals Membership? The pay out can help your family to cover mortgage payments, funeral costs and other expenses. Should you then find yourself out of work, perhaps through involuntary redundancy, accident or sickness, Best Mortgage Insurance will provide you a regular monthly tax-free income to enable you to meet your mortgage repayments. This can be enough to cover your mortgage or you can choose a policy that will pay out 125% of your mortgage costs to cover other bills too. For example, someone in their 20’s with no mortgage or children, won’t have the same needs as someone in their 30’s with a home, a family and a larger income. All rights reserved. Just fill in a few details about yourself and the type of cover you’re interested in: Please note, that due to the coronavirus outbreak, you can’t currently compare unemployment cover with us. Mortgage insurance costs will vary based on factors such as your age and the cost of your mortgage repayments. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries and regions. How does Best Mortgage Insurance work? We’ll get you a quote within minutes. You might also be covered under your health insurance policy, if you have one, so check first. Critical illness cover pays out a lump sum if you develop one of a range of listed serious medical conditions. The less likely you are to claim, the lower your mortgage protection insurance will be. Our friendly advisers at Assured Futures are just at the end of the phone. You can call us on 0330 330 9465 or email info@bestinsurance.co.uk. 10,011 responded with a score of 6 or above, therefore 93.3% are likely to recommend. This way you will know how much money each month you would like to receive from your Best Mortgage Insurance Policy. Pizza Delivery & Collection: 50% off Pizzas, 7 days a week. Continuing to use this website gives consent to cookies being used. In this situation you will lose your home and you will also likely damage your credit rating. This may cover your mortgage payments for a short period. When you take out a mortgage you are obliged to meet monthly payments to your lender. Mortgage protection insurance is a decreasing term life insurance policy. If you would like to know more about cookies and how to manage them please view our privacy & cookie policy. Registered in England No. Mortgage protection insurance is, basically, a specific type of life insurance. No. App only.  Meerkat Movies: Participating cinemas. 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