Mortgage Protection Castleknock
At GetLifeInsurance, we offer affordable mortgage protection cover designed to secure your home and ensure your mortgage is completely paid off in the event of your death. This essential insurance protects your family’s financial future, allowing them to stay in their home without the worry of ongoing mortgage repayments in Castleknock
Key Benefits
- Pays off the remaining balance of your mortgage in the event of death
- Available for single, joint, or dual cover
- Flexible and affordable plans starting from €10 a month
- Optional serious illness cover for added protection
How Does Mortgage Protection Insurance Work?
- Step 1: Determine Your Coverage: Calculate the outstanding balance on your mortgage to identify the level of cover required.
- Step 2: Get a Quote: Reach out to one of our advisors for a personalised quote.
- Step 3: Apply Online: Complete a quick, secure application process to get the cover in place.
- Step 4: Peace of Mind: Once your application is approved, your mortgage is protected, allowing you to relax with the reassurance that your family’s home is secure.
Customise Your Mortgage Protection Policy
Guaranteed Insurability: Allows you to increase your cover without additional medical evidence when taking out a new or larger mortgage.
Premium Waiver: Ensures that your premiums are taken care of if you’re unable to work due to illness or injury.
Reinstatement Clause: Offers peace of mind by enabling you to reinstate your policy within three months of a missed premium payment.
Key Benefits of Mortgage Protection Insurance
- Home Security: Guarantees that your mortgage will be paid off if you pass away during the policy term.
- Joint and Dual Life Cover Options: Protect both you and your partner under the same policy, with flexible options for joint or dual payouts.
- Affordability: With plans starting as low as €10 per month, it’s easier than ever to safeguard your home.
- Serious Illness Cover: Add serious illness protection to your policy for additional financial support if you are diagnosed with a serious illness.
Working with our trusted insurers in Castleknock
Helping you with life's big changes in Castleknock
Life Insurance
Lump Sum Cash for your family in provides certainty for your family if the worst were to happen
Mortgage Protection
Pays your mortgage in the event of death – peace of mind knowing your loved ones are secure.
Serious Illness Cover
Financial support if you are diagnosed with a serious illness.
Income Protection
Provides income if you are unable to work due to illness or injury.
Why Choose Us?
- Trusted Providers
- Simple Process
- Expert Support
More Than 200 Families Insured
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Personalised Recommendation
Get tailored advice to suit your needs.
Lowest Price Guarantee
We ensure you get the best value in the market
Long Term Relationship
We’re here to support you for the long haul.
Frequently Asked Questions
Mortgage protection insurance is a type of life insurance that pays off your mortgage if you pass away during the term of the policy, ensuring your family can stay in their home without the burden of mortgage payments.
Yes, most lenders in Ireland require mortgage protection insurance as a condition for approving a mortgage. However, exceptions apply in certain situations, such as if you’re over 50 or already have sufficient life insurance.
The cost depends on several factors, including your age, health, smoking status, the amount of cover needed, and the term of the policy. Adding serious illness cover can also affect the premium.
Joint life cover pays out once when either policyholder dies, while dual life cover pays out twice—once for each policyholder if both pass away during the policy term.
Yes, serious illness cover can be added to your mortgage protection policy. It provides a lump sum if you are diagnosed with a specified serious illness, helping you manage medical expenses or pay off your mortgage.
If you pay off your mortgage early, you may have the option to cancel your mortgage protection policy. It’s important to review your policy’s terms and consult with your provider before making any changes.
Yes, you can switch your mortgage protection insurance to a different provider if you find a better deal. Make sure the new policy meets your needs before making the switch. Speak to Pangea before changing your policy
Your beneficiaries can make a claim by contacting your insurance provider and providing the necessary documents, such as the death certificate and proof of the mortgage. The insurer will then process the claim.
No, serious illness cover is an optional add-on to a mortgage protection policy. It provides additional financial protection in case you are diagnosed with a serious illness.
If the mortgage is fully paid off before the end of the policy term, no payout will be necessary. However, if your policy includes level term cover, any remaining payout could be directed to your beneficiaries or estate.
There are two main types of mortgage protection cover: reducing term cover, where the level of cover decreases as your mortgage is paid off, and level term cover, where the amount of cover remains the same throughout the term of the policy.
The processing time for a claim varies, but it typically takes a few weeks to a few months, depending on the insurer and the complexity of the claim.
Premiums are calculated based on factors such as your age, health, mortgage amount, policy term, and whether you include additional covers like serious illness.
No, premiums for mortgage protection insurance are not tax-deductible in Ireland.
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