Mortgage Protection Insurance - eligibility for cover
You are eligible for cover under this Mortgage Protection Insurance
policy if you satisfy the following criteria:
- you are at least 18 and under 65 and you are permanently resident and working
within the UK, Channel Islands or Isle of Man and eligible to receive Jobseeker's
Allowance;
- you are now and have been for the past six months in continuous permanent
employment, contract employment or self-employment for more than 16 hours
per week;
- you are taking out this Mortgage Protection Insurance policy to
protect the mortgage on the private residential property you live in; and
- you agree to keep to the terms and conditions of this Mortgage Protection Insurance.
However, there are some factors which mean you will not be eligible for cover:
- you know, or you are aware, of any circumstances that may result in you
becoming unemployed;
- your work is of a casual, temporary or seasonal nature;
- you work for a temporary employment agency;
- you are in any type of occupation where unemployment is a regular feature
of that particular job; or
- you are currently unable to work due to a disability (this clause does not apply if you are on maternity leave).
If you are unsure as to whether you are eligible for cover under this Mortgage Protection Insurance policy please contact us. We will be more than
happy to answer any questions you have about this insurance.