There’s actually no specific product called mortgage income protection, what this refers to is an income protection policy that’s used to help cover mortgage payments if you were unable to earn your usual income due to illness or injury.
Mortgage income protection can often be confused with mortgage payment protection insurance (MMPI).
Both of these policies offer financial protection to cover your mortgage, but they do so in different ways.
Mortgage payment protection insurance is a policy taken out with its sole purpose being to protect your mortgage. This is not something currently offered by Reassured or Reassured Advice.
Whereas income protection can be used to cover any financial obligations you have, including your mortgage.
But just how can income protection help to cover your mortgage? Keep reading this article to find out everything you need to know…
Compare income protection quotes with Reassured Advice
By comparing quotes you can find the most cost-effective income protection policy to protect your mortgage, (as well as many other essential costs).
Why not let Reassured Advice do this on your behalf?
Not only can Reassure Advice compare quotes from all of the UK’s major providers, but also smaller specialists, to help you secure the best available deal.
What’s more, Reassured Advice are FCA regulated and don’t charge a fee for their quotes.