Income Protection Benefit provides a regular monthly benefit if you can't work due to incapacity caused by an illness or an injury and which results in a loss of earnings. This means you will have some financial stability during the policy term.
This is not a savings or investment product, and has no cash value unless a valid claim is made. If you cancel your policy after the cancellation period, or stop paying your premiums at any time, your cover will end 30 days after the first missed premium, and you won't get any money back.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Typically we do not charge a fee for mortgage advice, however if we do, depending on your circumstances, it will be a maximum of £250.
As with all insurance policies, conditions and exclusions will apply.
The Mortgage Shop (N.I) Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority Registered Office: The Mortgage Shop (N.I) Ltd, 132 Great Victoria Street, Belfast. BT2 7BG. Registered Company Number: NI26842. Registered in Northern Ireland.