Financial Services
Mortgage Payment Protection Insurance
Now that you have found your dream home, the next step is to make sure it is adequately protected. That's why we offer Mortgage Payment Protection Insurance, a policy designed to protect your mortgage repayments in the event you are unable to work due to accident, sickness or involuntary unemployment.
How it works:
Mortgage Payment Protection Insurance allows you to select the cover you need, how much (depending on your mortgage repayment). Then if you are unable to work, typically for 30 consecutive days (for Accident, Sickness or Involuntary Unemployment), your monthly mortgage repayment will be paid until you return to work for the selected period of cover.
Eligibility
To be eligible for cover you must be (at the start date):
Speak to your financial advisor in GVM Mullane Financial Services who can provide a quotation for you tailored to your needs.
Exclusions
Some exclusions will apply to the Mortgage Payment Protection Insurance depending on the cover you have selected. Your financial advisor can provide you with a summary of cover which highlights the main exclusions on the policy. In addition, the terms & conditions are available upon request and provide details on all exclusions.
Now that you have found your dream home, the next step is to make sure it is adequately protected. That's why we offer Mortgage Payment Protection Insurance, a policy designed to protect your mortgage repayments in the event you are unable to work due to accident, sickness or involuntary unemployment.
How it works:
Mortgage Payment Protection Insurance allows you to select the cover you need, how much (depending on your mortgage repayment). Then if you are unable to work, typically for 30 consecutive days (for Accident, Sickness or Involuntary Unemployment), your monthly mortgage repayment will be paid until you return to work for the selected period of cover.
Eligibility
To be eligible for cover you must be (at the start date):
- At least 18 and under 60 years of age;
- Be in full-time employment for at least 6 consecutive months immediately prior to the start date
- You are an Irish citizen or have been granted Residence Permission in Ireland
- You work and permanently reside in the Republic of Ireland
- You have a residential mortgage in place
- Not aware of any impending disability or employment.
Speak to your financial advisor in GVM Mullane Financial Services who can provide a quotation for you tailored to your needs.
Exclusions
Some exclusions will apply to the Mortgage Payment Protection Insurance depending on the cover you have selected. Your financial advisor can provide you with a summary of cover which highlights the main exclusions on the policy. In addition, the terms & conditions are available upon request and provide details on all exclusions.