It has options for unemployment, accident or sickness or all three, will cover up to £2000 worth of mortgage payments, including any related expenses such as endowment savings plans and varies its waiting periods between 30 and 180 days.
There’s a ‘back to work assistance’ service and carer cover, ensuring those who have to leave work to care for a family member for up to a year, still receive an income.
A 41-year-old looking to protect mortgage payments of £1000 a month and opting for unemployment-only cover with a 30-day waiting period would pay £38.30 per month, equating to £3.83 per £100 of benefit.
Managing director, Nel Mooy, commented: “Being independent, we have the freedom to offer a wider range of policies and options than traditional providers. This gives consumers more choice and the opportunity to purchase cover that better reflects their lifestyles and needs."
