Buying a property is probably one of the biggest financial decisions we will ever make. Most New Zealanders take out House and Contents insurance to protect their investment, but what about your mortgage repayments?
If you were critically ill and unable to work, how would you pay your mortgage? Do you have saving to cover those expenses?
When a devastating incident occurs, the last thing you need is to lose your house because you’re unable to pay the mortgage. Mortgage protection insurance can help.
Mortgage Protection insurance pays monthly payments to replace your income or mortgage or rent, should you suffer an illness or accident and are unable to work.