Mortgage Repayment Cover

Why Mortgage Repayment Cover?

Mortgage Repayment Cover provides a financial safety net should you be disabled as a result of sickness or injury. The monthly benefit is designed to cover either the mortgage repayments on your behalf or a portion of your lost income.

Unable to work

Mortgage Repayment Cover pays a monthly Total Disability Benefit if you are disabled and unable to work, from the end of the selected waiting period till you return to work or reached the end of your payment term or cover term, whichever occurs first. You may be entitled to a Partial Disability Benefit if you go back to work, but you are not able to work full time.

Mortgage Repayment Cover offers an Agreed monthly benefit, which is not financially assessed again at claims time and is payable whether or not you have a mortgage. No offsets apply.

Please contact us for further information about this product.