Mortgage Repayment Insurance

Why Mortgage Repayment Insurance?

Purchasing a home is both a major monetary and emotional investment.

Mortgage Repayment Insurance Cover can help you protect the regular monthly mortgage repayments on your home, or investment properties, so that should you suffer an accident or sickness, or you are hospitalised, your mortgage is covered.

Your home is far more than bricks and mortar. That’s why it’s so important to make sure you can pay your mortgage.

Five reasons to have Mortgage Repayment Insurance Cover Having mortgage repayment insurance makes sense:

1. Secure your lifestyle – should you not be able to work, you have an on-going source of funds to pay your mortgage.

2. Safeguard your existing savings and investments – if you can’t work and don’t have funds to pay your mortgage, then you may stand to lose not only your home, but also any investments you have.

3. Government benefits – with the government sickness benefit payable at $225.per week [1], sickness or injury would mean a substantial reduction in your standard of living.

4. Choice – you decide how to manage your assets and if you need to sell your home, you do it on your terms.

5. Protecting the value of lost income – it’s worth thinking about what you might earn over your lifetime, then consider if something happened and you were unable to work, what you may risk

If this sounds like exactly what you need, or you would like to discuss your best option please feel free to call us.

Semi Halanukonuka, Managing Director, Sisi Insurance Services Ltd

Address: 22 Clarrie Wills Way, Otara, Auckland 2025

Landline: 09 570 7556

Mobile: 021 186 3920

Free Call: 0800 777 022

Email: semi@sisiinsurance.co.nz