Monthly Benefit

Monthly Benefit
The monthly benefit means the total amount of monthly cover you have selected under the policy, in order to provide sufficient cover to protect your monthly mortgage payment and any related insurance premiums.

Benefit Split
This means either single cover (for one applicant) or split cover (for two applicants).

Single cover is available if you are named on the mortgage agreement and are eligible for cover.

Split cover is available if your mortgage agreement is in joint names and you are both eligible for cover. You will both be insured for part of the monthly benefit, with the amount for each person being selected when applying for cover.

Plus if your mortgage is in joint names and you are both eligible for cover, you can both take out a separate policy to cover the full monthly benefit. The main income earner restriction for single cover does not apply if separate policies are taken out.

MortgageProtector is underwritten by Aviva Insurance Limited
MortgageProtector Solo is underwritten by Pinnacle Insurance plc

For the full policy conditions, including restrictions and exclusions, please always refer to your Policy Document provided with your certificate of insurance. You can also download a copy.

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