Mortgage Repayment Protection

Question: How big is your financial nest-egg?

Question: How many years has it taken to gather?

Question: How long would your savings last if you lost your main source of income?

Homeowners who don't have substantial financial resource behind them - or a mortgage repayment protection policy to hand - might feel a little anxious if asked these questions. A report published on 29th June 2007 from the Office for National Statistics indicates that Britons in 2007 are saving the lowest proportion of their household income since 1960!

Without mortgage repayment protection, redundancy, long-term sickness, or a serious accident could put your home in danger of repossession if loss of income leads to mortgage default.

And many homeowners are under the misapprehension that their mortgage repayments would be covered by Social Security if they lose their income through redundancy, illness or accident. They don't think they need mortgage repayment protection. Unfortunately, the government offers very little financial support to homeowners who have fallen on hard times, whatever the merits of the case.

However, helpucover will cover your mortgage repayments for 12 months in the event of redundancy, long-term sickness, or serious accident … irrespective of your savings or financial resources.

So once you're back to work, or fully recovered, maybe you'll still be able to take that dream cruise, or buy that new car, after all!

Answer: Don't needlessly drain your savings away. Purchase mortgage repayment protection from helpucover.