Ant Mortgage Protection Insurance

The flexibility of our income protection policy is that you can use it to help pay any of your monthly outgoings. If the worse happened, instead of receiving income from your employer, the insurance would put money into your bank instead and it would be up to you how you spend it. For example, you want to protect your mortgage, so you simply cover the amount that matches your mortgage payment. You also have to make monthly payments against your credit card and a loan, so you simply add those outgoings to your mortgage outgoings and cover the total amount. You can even add more to help pay for food, utility bills and your other living expenses. In fact you can cover up to 75% of your net monthly income to spend as you wish. The fact that you may intend to allocate the money we pay into your bank towards your mortgage, credit cards and loan is entirely your choice. This policy insures your income so it is not tied to any of your loan, mortgage or credit card agreements. You do not even have to have a mortgage, loan or credit card debt to take out the cover, just an income. You can receive your jobseeker's allowance or statutory sick pay on top of the insurance payments you receive so your whole lifestyle is protected.

If you already have a protection policy in place, such as mortgage payment protection insurance, loan payment protect or credit card payment protection insurance, you can transfer in to us and receive continuous cover. For more information about transferring your payment protection insurance in, please visit our FAQ Jargon buster via the left hand navigation bar and click on the letter T or click here and scroll down to 'If you wish to transfer in'.

< back