Three simple ways to protect your mortgage payments
When you arrange a mortgage to buy your home, you naturally expect that you'll have a regular income throughout the period of the loan, so you'll be able to make all the repayments. But what happens if you're made redundant or have an accident or illness which prevents you from working? Who will pay the mortgage?
We offer three plans which are designed to cover your mortgage for up to 12 months. Any mortgage related premiums, such as endowment and household insurance can also be covered. For more information read the policy summary
.
Accident, Sickness and Unemployment Protection
This will cover your mortgage payments in the event of an accident, sickness or unemployment.
Accident and Sickness only Protection
This will cover your mortgage payments in the event of an accident or sickness.
Unemployment Protection
This option will cover your mortgage payments in the event of unemployment only.
On all of the above options you will receive the following benefits:
- Payment of your mortgage in full for up to 12 months
- A Back to Work advice service for all in the household, whether you are claiming or not
- The option to choose protection for joint mortgage account holders.
For full details of the cover, conditions and exclusions that apply please read the policy document
.
The monthly premiums for our policies1 are much lower than many people expect. And when you consider the level of financial security they provide, we think you'll agree that they represent excellent value for money.
Skipton Building Society MPPI is underwritten by Jubilee Insurance, Lloyd's Syndicate 5820 which is managed by Jubilee Managing Agency Limited (Registered No. 4434499). Jubilee Managing Agency Limited is authorised and regulated by the Financial Services Authority under reference number 226696.
These benefits relate to new policies only, existing policy holders should check their policy documents or contact our helpline on 0845 850 1711*