What do you pay for your mortgage insurance policy?

You could save money if you switched to our mortgage insurance policy. To find out how much money you could save you should look at the rates we charge for our mortgage insurance cover - which can cover your payments following accident, sickness or unemployment. The policy quoted below does NOT include critical illness or life assurance. As it is a private mortgage protection policy the sums insured will not alter automatically with your mortgage payments.

Our Rates depend on the cover required.

• Unemployment only: The rate on our mortgage insurance policy is £2.25% (60 day excess) - if your mortgage payments are £500.00 per month, the monthly premium we would charge is only £11.25. 
• Disability only: The premium rate on our mortgage insurance policy is again £2.25% with a 60 day excess
• Combined accident, sickness and unemployment: The rate is £2.75%% - if your mortgage payments are £500.00 per month, the monthly premium we would charge would be : £13.75.
• Even if you reduce the excess you could save money. You may reduce the excess to 30 days or NIL. The rates are : £2.75% and £3.75% respectively with NIL excess and £2.35% / £3.25% with a 30 day excess..

Maximum benefits

The maximum benefit you can have on this mortgage insurance policy is (mortgage + related costs) + 25% with a maximum of £1,500 in total.

Thinking of switching policies?

Our Underwriter will consider exclusion free transfer of cover. If you have had mortgage protection for more than six months claim free. However you will have to contact him to confirm this: ring 01453 547053 quoting our name.

About US

B. Portwood & Co Ltd are an insurance broker in North East England (UK). This policy is only available for UK residents wanting to save money on their mortgage insurance premiums. We are authorised by the Financial Services Authority for arranging and administering non-investment insurance contracts - such as mortgage insurance.

Landlords insurance quotes from our home page