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Can you keep your Life policy on if you pay your mortgage off early?: As far as the insurance company is concerned, until your policy reaches the end of its term and you continue to pay the premiums, you remain insured.
What is Mortgage Payment Protection Insurance?: Mortgage Payment Protection Insurance pays your monthly mortgage repayment if you were off work due to sickness, accident, or unemployment. (Don’t forget that your home is at risk if you fail to keep up the repayment of loans secured against it.)
When would normal Life Insurance be used in connection with a mortgage?: Term Insurance is another name for Life Insurance. Normal Life Insurance is used if you have an interest only mortgage.
How long should you insure for?: For mortgage protection purposes you should also insure yourself for the same number of years that are remaining on your mortgage. The initial sum insured should always equal the capital sum outstanding on your mortgage.
Should I include Terminal Illness Insurance?: Terminal Illness Insurance is generally included at no extra cost on all Mortgage Life, Life and Critical Illness policies.

Frequently Asked Questions about Mortgage Payment Protection Insurance