Glossary - Understanding Industry Terms
What is mortgage payment protection insurance?
Mortgage protection insurance functions as a form of income safeguarding, stepping in to cover your mortgage payments in the event of your inability to work due to accidents, illnesses, or unemployment. The majority of mortgage insurance policies will provide payouts for a duration of up to 12 months or until your reentry into the workforce.
Questions that we get asked about mortgage payment protection insurance
At Beerstone, our Exeter team are often asked these sorts of questions when it comes to mortgage payment protection insurance:
What is the difference between life insurance and mortgage payment protection insurance?
How much is mortgage payment protection insurance on average?
What type of insurance is most suitable for mortgage protection?
If you are looking for mortgage payment protection advice, please get in touch with our Exeter team who will happily answer any questions that you may have.
We are here to support our customers on a wide variety of topics
For over 25 years, we have been the go-to company in the Exeter area on a wide variety for services such as mortgage payment protection advice.
We have helped customers across Devon in areas such as Southernhay, Ottery St Mary, Exeter, Exmouth, Newton Abbot, Tiverton, Sidmouth, Crediton, Cranbrook and Cullompton to name but a few.
If you would like to book a meeting with one of our mortgage advisors, please get in touch with our Exeter team today.
About Beerstone
Beerstone Financial Services was established in 1996 by Chris Beer, our Founding Director, who still plays a key role in the company and ensures we maintain the best service.
Beerstone Financial Services was established in 1996 by Chris Beer, our Director, who still oversees the company and ensures we maintain the best service.
In total we have over 30 years of experience in financial services working in a range of environments so you can be sure that your situation is in experienced hands.
Speak to our team
Visit our offices: 2 Southernhay West, Exeter, EX1 1JG
Beerstone Financial Services Ltd (542704) is an Appointed Representative of BrokerSync Ltd, which is authorised and regulated by the Financial Conduct Authority (1031981).
There may be a fee for Mortgage Advice. The precise amount will depend upon your circumstances and will be agreed upon following your initial meeting.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. Beerstone Financial Services Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
Investments, Pensions, Wills, Trusts, PMI and Estate Planning will be referred to our authorised third-party providers. ABC Ltd and BrokerSync Ltd are not responsible for any advice received from the third-party providers.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Conveyancing, Wills, and some forms of Buy-to-let Mortgages and Commercial Mortgages are not regulated by the Financial Conduct Authority.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or other debt secured against it.'