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Life
Cover & Assurances
Independent
Mortgages can also arrange insurance
cover for other mortgage related activities.
The types of insurance cover we can
arrange in connection with the mortgage
are:
Lender Conditional
Insurance
It is a condition of all mortgages
that the buildings are insured. In
some cases it may be a requirement
of the mortgage that the insurance
cover is arranged by the lender. This
could be Buildings, Contents, Payment
Protection or a combination.
Where the property is leasehold the
insurance will normally be arranged
by the freeholder and the cost charged
as part of the service charges that
are applied to the leaseholder.
Buildings
Insurance
Insurance covering the structure of
the building.
It is a condition of all mortgages
that the building is insured.
Contents
Insurance
The insurance of property within a
residence i.e. furniture, clothing,
personal possessions etc. as distinct
from buildings insurance.
Mortgage Payment Protection
Insurance cover to protect the borrower
against inability to meet mortgage
payments.
Term Assurance
The
insured person or persons are covered
against death within a fixed period
of time subject to the payment of
premiums as they fall due.
Please don't hesitate to contact us
to find out more about any type of
insurance or mortgage cover - 0151
531 1116
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