Irish Life websites

Who would pay my mortgage if I died?

Protecting your home is one of the most important things you can do.

If you have a mortgage, chances are your repayments take up a sizable chunk of your monthly income. Who would pay this if you died? If you have a mortgage with a partner, could either of you afford to pay your entire mortgage in the event of an unexpected death?

For the reasons outlined above, Mortgage Life Insurance - also known as Mortgage Protection is usually a requirement of getting a mortgage. However, because mortgages tend to be very long term arrangements, it can often get overlooked or forgotten about. 

Talk to one of our financial advisors to find out the best way to protect your mortgage.

Its also a good idea to periodically review your mortgage protection arrangements. You may even save some money!

Some important points regarding Mortgage Life Insurance Protection:

  • You must be aged between 18 and 77.
  • The maximum term is 40 years or up to age 80
  • The amount you pay is guaranteed to stay the same for the entire period that you are insured for.
  • You must keep up payments to stay on cover.