Mortgage Protection
Insurance

Designed to protect you during unexpected income changes from injury, illness, or redundancy, our accident and sickness insurance and unemployment insurance give you peace of mind so you can focus on being your best.

FCA Regulated
No Hidden Fees
Rated 4.9/5
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What is Mortgage Protection Insurance?

When you are considering Best Mortgage Insurance, it’s important to make sure you have the best cover for your circumstances. 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. This way you will know how much money each month you would like to receive from your Best Mortgage Insurance Policy. It’s also worth considering the maximum time you want to receive payments as part of your Best Mortgage Insurance. Remember that your monthly Mortgage Insurance premium will vary depending on the different benefits you want to receive. It’s worth making sure you are getting the best deal and Best insurance can provide you with instant quotes for added convenience.

When you are considering Best Mortgage Insurance, it’s important to make sure you have the best cover for your circumstances. 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. This way you will know how much money each month you would like to receive from your Best Mortgage Insurance Policy. It’s also worth considering the maximum time you want to receive payments as part of your Best Mortgage Insurance. Remember that your monthly Mortgage Insurance premium will vary depending on the different benefits you want to receive. It’s worth making sure you are getting the best deal and Best insurance can provide you with instant quotes for added convenience.

Income Protected
Income Protected
Your income is safe even when you can't work.

Tax Benefits of Income Protection Insurance

Tax-Free Benefits

In many cases, the benefits received from an income protection insurance policy are not taxed. This means that the regular payments you receive during a period of disability are typically considered tax-free income. This tax treatment is designed to ensure that the funds go towards replacing lost income rather than being subject to additional taxation.

Tax Treatment for Employer-Sponsored Plans

If you have income protection insurance through your employer as part of a group plan, the tax implications may differ. Employer contributions to group plans are often considered a tax-deductible business expense for the employer. However, the tax treatment of benefits received by employees can vary, and it is essential to understand the specific rules in your jurisdiction.

Tax on Investment Gains

Some income protection plans include investment components, such as cash value or investment-linked features. The tax treatment of any investment gains within the policy may depend on local tax laws. In some cases, gains may be tax-deferred until withdrawal.

Who Needs Mortgage Protection Insurance ?

Mortgage Protection Insurance income protection policy could and would have helped you. An insurance policy for everyone that depends on a monthly or weekly income to survive (which is most of us!), this type of policy will pay you if you’re forced to take time away from work because of accident or sickness until the day that you can go back. It helps you pay your bills, put food on the table, and keep a roof over your head when the worst happens, which is really when we all need help the most.

How much does Mortgage Protection Insurance cost?

There are a few things that affect how much you pay for your income protection insurance, including:
Age
Younger individuals usually pay lower premiums as they’re considered lower risk.
Health
Pre-existing medical conditions may increase premium costs or lead to policy exclusions.
Occupation
High-risk or physically demanding jobs often attract higher premiums.
Coverage Amount
Higher coverage means higher premiums.
Waiting Period
Shorter waiting periods (before benefits begin) usually come with higher premiums.
Benefit Period
Longer benefit durations increase the overall cost of the policy.
Policy Features
Add-ons like inflation protection or riders can raise the premium.
Gender
In some regions, gender may still be factored into pricing, though it’s becoming less common.

How Does Mortgage Protection Insurance Work?

When you take out a mortgage you are obliged to meet monthly payments to your lender. 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 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.

Key features of Mortgage Protection Insurance

Extended and Customizable Coverage

Mortgage Protection Insurance provides sustained financial support during prolonged illness or disability, with benefit periods that can extend for years or until retirement. Policyholders can customize the waiting period, coverage duration, and income replacement percentage to match their financial needs.

Reliable Income Replacement

This insurance replaces a significant portion of lost income, helping individuals manage essential expenses like mortgage, bills, and daily costs during long-term incapacity. It ensures financial stability and reduces the burden of prolonged health-related challenges.

Proven Through Performance

Our journey is defined by successful collaborations, innovative digital products, and measurable outcomes that help businesses grow, scale, and stay ahead in an ever-evolving digital landscape.

A+
Rated Insurers

Almost every insurance partner we work with has been rated A+, giving you peace of mind about your cover.

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Policies Issued

Over 1.2 million policies sold, helping individuals and businesses secure their future.

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Customer Satisfaction

98% of our policyholders are satisfied with our services and support.

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