Protecting what’s important to you

Your home is simply too valuable an asset to put at risk, so protect it. If for some reason you can’t meet your mortgage instalments or rent payments, Sovereign’s Mortgage and Income Protection will be there to help.

Mortgage and Income Protection insurance can help cover your monthly mortgage instalments or rent payments or other expenses if your earning capacity is seriously affected by illness, disability or redundancy; ensuring your lifestyle is protected.

Cover Options: You have the choice of two cover options. Mortgage cover pays up to 110% of your monthly mortgage repayments on your residential property. This will help with any interest rate rises, as well as additional expenses such as house and contents insurance or land rates.

Income protection covers up to 40% of your gross income, which means even if you are renting, you are still covered for your rent payments if you become sick or injured and unable to work.

Click here to view Kevin’s Customer Guide for Mortgage and Income Protection.