What can Mortgage and Protection Insurance cover

SP Insurance

Buying a new house is one of the biggest challenges in New Zealand especially if you do not know the future challenges of your life. Mortgage and Income Protection will cover that for you. You can choose Different Policy plans within Mortgage and Income protection. You can choose to cover 115% of your Mortgage or to cover 45% of your gross income.

Mortgage protection cover will give the chance to enjoy your life and look after what your health if something unforeseen happens. It can provide you with regular monthly payments to pay mortgage repayments and some of your expenses in case of you are so seriously incapacitated by illness or injury and you are unable to follow your work or carry on your business.

You can choose different types of Benefit periods, Waiting periods and Premiums options.

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