Mortgage protection
Protection for you and your family
Aegon Personal Protection is also designed to help meet your mortgage commitments in a wide range of circumstances, including death, terminal or critical illness, permanent disability or loss of earnings if you’re unable to work. The policy can be used with an interest-only mortgage, such as an endowment or ISA mortgage, or a capital and interest repayment mortgage.
Mortgage protection may be suitable if...
- You want to make sure you have financial help to meet your mortgage commitments in a range of circumstances, including death, terminal or critical illness, permanent disability or loss of earnings if you're unable to work
- You want to choose the level of cover you want which will pay off the whole mortgage or just the outstanding portion
- You want to use it with an interest-only mortgage, such as an endowment or ISA mortgage, or a capital and interest repayment mortgage
- You want a policy which is also flexible enough that you can change your level of cover when your mortgage changes (if, for example, you buy a new house, extend your present home or pay a lump sum to reduce your mortgage)
See more about how our Mortgage protection options could help you.
Mortgage protection may not be suitable if...
- You want protection with no end date
- You want to be able to cash-in the policy at any time
- You want an investment-linked element within the term that pays out at the end of the term
- You want your benefit amount to remain level, not reduce over time
So you can make the right decision about what's right for your needs, it's a good idea to talk to your financial adviser.
If you don't already have one, you can use our 'Find an IFA service' to search for an adviser near you.
How to apply
Find out how to apply for our products and where you can find out more about the choices available to you.