Protect your home.
Look after your family.

Security & Collateral

Protect the home you’re working towards—and the people who will call it home.

Life insurance can provide money to help repay a mortgage if the insured person dies, reducing the financial burden on those left behind. Your lender will confirm the cover and assignment needed as security for your loan.

Term life insurance is generally the more affordable option and, in many cases, the preferred choice for mortgage security. Its period of cover can be considered alongside your mortgage term.

If your budget allows, whole life or endowment policies may also be considered as security, subject to the lender accepting the policy and the insurer’s terms. We’ll help you weigh the premiums, duration and wider purpose of each option.

Your mortgage, existing cover, family commitments and budget all matter. Book a consultation to discuss your circumstances before choosing.