Mortgage insurance

Mortgage insurance is designed to protect your mortgage payments if you become ill or are made redundant and cannot pay your mortgage. There are a number of associated products.

Lenders will always require you to have buildings insurance before they advance you a loan for a mortgage. Mortgage payment protection insurance is a product that borrowers can be encouraged to buy. However, you should exercise caution before you agree to it as it can be expensive and there can be lots of limitations on if it oays out.

	Mortgage insurance Mortgage payment protection insurance covers monthly mortgage payments for a set period if the borrower becomes unemployed or prevented from working because of sickness or disability.
	Life insurance for empty-nesters Many parents look forward to reclaiming their own lives and having a little more money to spend on themselves when the kids leave home and head off to university. No longer must the fridge be stocked to feed a small army, nor travel restricted to the pricey school holidays. With the money you’ll save, perhaps you could treat yourself to a cruise? Yet the hope of more financial freedom doesn’t always become a reality for many empty nesters.
	Churchill Insurance launch 50% discount on home insurance Churchill Insurance are offering a 50 per cent discount on home insurance for new customers with five years no claims discount up to 31st March 2012.
	Top winter insurance tips Myfinances.co.uk's latest guide to insurance shows you how to get through winter without having to make an insurance claim.
	Sainsbury’s offers breakdown cover with car insurance Motorists who sign up to Sainsbury’s car insurance by April 9 could get a package of rewards and benefits worth up to £293, the supermarket bank has announced.