Mortgage Protection Insurance
The different types of cover and how to protect your home and family properly.
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Protect your home, income and family — whatever life brings
Whether you're buying your first home, renewing your mortgage or planning ahead for your family, we’ll help you build a clear and affordable protection plan that supports you when life doesn’t go to plan.
We compare policies from a wide panel of leading UK insurers:
Explore your protection options
A quick overview of the main types of cover and how each one can support you and your family.
Provides a monthly income if you’re too ill or injured to work. Helps cover bills, mortgage payments, and everyday costs while you recover—so your finances stay stable even when life isn’t.
- Replaces a percentage of your regular income
- You choose how soon payments begin (the deferred period)
- Especially valuable if self-employed or limited sick pay
Pays a lump sum to your loved ones if you pass away, ensuring they can cover funeral costs, outstanding debts, and keep up with daily living expenses without added financial stress.
- Cover can match your mortgage balance or be a fixed amount
- Policies can be written in trust to simplify payouts
- We help determine a sensible, affordable level of cover
Pays a tax-free lump sum if you're diagnosed with a serious illness like cancer, stroke, or heart disease—helping cover treatment, lost income, or lifestyle changes.
- Gives financial flexibility during treatment or recovery
- Often combined with Life Insurance
- Children’s cover may be included depending on provider
Instead of a lump sum, Family Income Benefit pays a regular monthly tax-free income to your family for a set term if you die during your policy term. It works like replacing your salary.
- Helps cover everyday costs like bills, food and activities
- Can run until your children reach adulthood
- Often one of the most cost-effective types of cover
Covers your mortgage repayments or pays off your loan in full if you pass away or become critically ill, protecting your home and loved ones from the risk of losing their home.
- Helps keep your family in their home should the worst happen
- Option to have a 'decreasing term', designed to reduce in line with your mortgage balance.
Many clients choose a blend of cover types to protect different risks — for example, Income Protection for day-to-day costs, Life Insurance for the mortgage, and Critical Illness as an additional buffer.
- We prioritise cover based on your goals and budget
- Existing policies can often be kept and built around
- Clear plan showing how each cover works together
What it’s like to work with us
Protection is personal — and the advice you receive should feel that way too. Here’s how we make the process simple, human and genuinely supportive.
Advice shaped around you — not a provider
We’re independent and whole-of-market, which means our recommendations are based purely on what fits *your* life, not what any insurer wants us to sell.
We take the time to understand what matters most
Your job security, sick pay, family set-up and future plans all shape the right protection. We walk you through it clearly and build something that fits comfortably within your budget.
You’re supported long after the policy is set up
Life changes — and your protection should adapt with it. From annual reviews to helping your family with a claim, we’re here whenever you need us.
Extra policy benefits you might not know about
Many modern protection policies include additional support services at no extra cost. These benefits vary by provider, but they often add meaningful value for you and your family.
Virtual GP access
Some insurers provide online GP services, giving you quick medical advice without waiting for a traditional appointment.
Mental health support
Access to counselling or wellbeing services for you and your immediate family is often included in protection plans.
Second medical opinions
Some insurers allow you to have diagnoses or treatment plans reviewed by specialist consultants.
Fracture & hospitalisation cover
Depending on your policy, short-term lump sums may be paid for injuries or hospital stays.
Rehabilitation & return-to-work support
Some insurers offer dedicated support to help you return to work safely after long-term illness.
Wellbeing perks
Some policies include access to health checks, discounts or wellness apps — small extras that can add everyday value.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
IMPORTANT: With investments, your capital is at risk. Pensions and investments can go down in value as well as up, so you could get back less than you invest.
Need Financial Planning Ltd is registered in England and Wales no. 10901658. Registered office, 123 High Street, Broadstairs, Kent, CT10 1NQ. Authorised and regulated by the Financial Conduct Authority. Need Financial Planning Ltd is entered on the Financial Services Register https://register.fca.org.uk/ under reference 977136. If you wish to register a complaint, please write to [email protected] or telephone 01843 228800. A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234 567.
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