Why you need it?
The purchase of your home is one of the largest financial commitments you will make. Once you have committed yourself to a home loan, your lender expects you to meet your repayments without fail, even when you can’t work due to sickness or injury.
Have you thought how the repayments for the mortgage will be paid if you were to die suddenly or be unable to work due to a serious illness or a prolonged period of disability.
Mortgage protection insurance pays off the mortgage or continues to pay the mortgage provider their regular mortgage payments.
