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Mortgage Protection

insurancekey-to-retirementWhen you are taking out an Annuity or Repayment Mortgage the minimum life cover required by the lender is Decreasing Term Mortgage Protection Cover for the mortgage amount over the term of the mortgage.

If you are taking an Interest Only option then Level Term Life Cover or Mortgage Protection Cover based on 110% of the mortgage amount over the term of the mortgage will be required.

If you are taking out a mortgage on a Residential Investment Property then you may be able to waive the requirement for life cover on this mortgage as it is not your principal private residence.

There are a number of life cover options available from a number of different providers and to ensure you choose the life cover most suited to your needs and budget please contact Mortgage Horizons for additional information and a Quick Quote.

Please complete the following information and one of our Financial Consultants will be back to you with a full quote and information on the various life cover and specified illness cover products on offer.

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Contact one of our Financial Consultants today – info@mortgagehorizons.ie or 01 6624595

 

WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED RATE LOAN EARLY.