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Mortgage protection insurance is a type of life assurance that pays out the remainder of your mortgage repayments in the event of your untimely death before your mortgage is fully paid off. It is compulsory for all mortgage holders in Ireland. Your mortgage protection premium will depend on a number of factors including your health status, age, gender as well as the features of your mortgage itself.
Insurance is a complicated area, especially if you’re trying to compare providers on your own. With bonkers.ie, you can find a cheap mortgage protection quote from one of Ireland’s major insurers, such as Aviva, Friends First, New Ireland, Royal London or Zurich Life.<
Getting a quote couldn’t be easier using bonkers.ie and with just a few pieces of information we’ll sort through a wide range of policies across multiple insurers to help you find the best mortgage protection insurance.
Given that mortgage protection insurance is compulsory in Ireland, make sure you’re not paying over the odds. We’ll help you find the best insurer for your particular needs and save you money.
It is possible to take out a joint mortgage protection policy if you want to cover two people. In this case, if one person dies, the other person covered will receive a lump sum, according to the terms of their policy. In a joint policy, both individuals must be covered for the same amount.