Personal Services
Mortgage Protection
Cover
Protect your home and your family. If the worst happens, mortgage protection ensures your mortgage is cleared — so your loved ones keep the roof over their heads.
What Is It?
Protecting Your Most Important Asset
Mortgage Protection Cover is a life insurance policy specifically designed to repay your outstanding mortgage balance in the event of your death during the term of the mortgage. It ensures that your family will not be left with the burden of a mortgage debt if something happens to you.
In Ireland, mortgage protection is a legal requirement for the vast majority of home loans. But beyond the legal obligation, it is one of the most important financial protections you can put in place for the people who depend on you.
- Pays off your mortgage in full on death
- Cover decreases in line with your outstanding balance
- Required by most lenders as a condition of your mortgage
- Premiums are typically fixed for the term of the policy
- Can be enhanced with serious illness or income protection benefits
Get Your Mortgage Protection Sorted Today
- Am I paying too much for my current policy?
- Do I have the right level of cover?
- Can I add extra protection to my policy?
No obligation • Clear advice • Client-first approach
How It Works
Mortgage Protection in 3 Simple Steps
We Review Your Mortgage & Circumstances
We start by understanding your mortgage — the outstanding balance, term remaining, and your personal circumstances including your health and lifestyle. This allows us to identify the most suitable policy for you.
We Compare the Market for You
We search across our panel of providers to find the most competitive premiums and terms for your level of cover. We explain the differences clearly so you can make an informed decision with confidence.
We Handle the Application
Once you're happy with the policy, we manage the full application process on your behalf — from submission through to confirmation that your policy is live and your lender is satisfied.
Common Questions
Frequently Asked Questions
Yes. Under the Consumer Credit Act 1995, lenders in Ireland are required to ensure that mortgage protection insurance is in place as a condition of receiving a mortgage. There are a small number of exceptions, such as if you are over 50, or if the mortgage is for an investment property.
Your mortgage protection policy must at minimum cover the amount of your outstanding mortgage balance. The policy is structured to decrease in line with your mortgage balance over time, so the cover amount reduces as your debt reduces.
In some cases, lenders may accept an assignment of a life assurance policy that forms part of a group scheme. However, individual mortgage protection is often more straightforward and ensures you are personally covered regardless of employment status.
If you have a sufficient level of life assurance in place, your lender may allow you to use an assignment of that policy instead of taking out a separate mortgage protection policy. We can review your existing cover and advise you on the best approach.
Yes. Many clients choose to add Serious Illness Cover or Income Protection riders to their mortgage protection policy for additional financial security. We can help you assess what level of additional cover makes sense for your circumstances.
Regulatory Notice: IFC Advisors Limited T/As IFC Finance & T/As Group Risk is regulated by the Central Bank of Ireland. All advice is provided in accordance with the Consumer Protection Code. Mortgage protection products are life insurance policies — the value of benefits depends on the terms and conditions of each specific policy. Always read your policy documentation carefully.
Ready to Get Covered?
Protect Your Home with the Right Cover
- Getting a mortgage and need protection in place quickly?
- Not sure if your existing policy is still competitive?
- Want to add serious illness cover to your policy?
No obligation. Clear advice. We handle the paperwork.
Or call us directly:
+353 1 6601 016