Mortgage Protection: Keep the Keys, No Matter What

You’ve worked hard to buy your home. We make sure your family keeps it.

Getting a mortgage offer is a moment of celebration. But once the excitement settles, a serious question remains: If you weren't around tomorrow, could your family afford to stay in their home?

At I J Mortgage Solutions, we believe that arranging the loan is only half the job. The other half is ensuring that your partner and children are protected against the unexpected. We create a safety net that pays off your mortgage if life takes a wrong turn.

What is Mortgage Protection?

Technically known as Decreasing Term Assurance, this is the most common and cost-effective form of Life Insurance for homeowners.

How it works: The amount of cover decreases over time, roughly in line with your repayment mortgage balance.
The result: If you pass away during the policy term, the insurance pays out a cash lump sum sufficient to clear the remaining mortgage debt.
The benefit: Your family owns the house outright. No mortgage payments to worry about, and no risk of repossession during their most difficult time.

Adding Critical Illness Cover (The Vital Upgrade)

While Life Insurance pays out on death, Critical Illness Cover pays out while you are still alive.

Statistically, you are far more likely to suffer a serious illness before the age of 65 than you are to die. If you were diagnosed with cancer, a heart attack, or a stroke, your financial priorities would change instantly.

Imagine this scenario: You are diagnosed with a serious illness and need 12 months off work to recover.

Without Cover: You rely on statutory sick pay. The bills pile up. You worry about paying the mortgage while trying to fight the illness.
With Cover: The policy pays off your entire mortgage immediately. You have zero debt. You can focus 100% on getting better, knowing your home is safe.

We can combine Life and Critical Illness cover into one affordable monthly premium.

Why Not Use a Comparison Site?

It is tempting to hop online and pick the cheapest policy. However, "cheap" insurance often comes with hidden costs. Here is why an independent broker adds value:

1. Quality of Cover (Defaqto Ratings)

Not all policies are the same. Cheap policies often have strict definitions of what counts as a "heart attack" or "cancer," meaning they might not pay out when you need them to. We source 5-Star Defaqto rated policies with comprehensive definitions, so you know the payout is guaranteed.

2. Writing Your Policy in Trust

This is the most important step that comparison sites often miss. We can help you put your policy into a Trust.

Speed: The money pays out quickly (often in days) without waiting for Probate.
Tax: The payout usually falls outside of your estate, meaning your family pays zero Inheritance Tax on the money.
Cost: We do this for free as part of our service.

Common Questions

"I get death in service benefit at work. Isn't that enough?" Work benefits are great, but they aren't guaranteed. If you change jobs, get made redundant, or become self-employed, that cover disappears instantly. A personal policy follows you, giving you control.

"I'm single. Do I need this?" If you have no dependents, Life Insurance might not be your priority. However, Income Protection (paying the bills if you are sick) and Critical Illness Cover are vital, as you rely solely on your own income to pay the mortgage.

"Is it expensive?" It’s usually cheaper than a takeaway for two. For the price of a modest dinner out once a month, you could secure your family's financial future for the next 25 years.