09/11/2020
Death in service is an employee benefit to help protect your family in the event of your death whilst in employment. Mortgage Protection, however is insurance to protect yours and your family’s mortgage in the event of death.
A lot of people are under the impression that they do not need Mortgage Protection as they have death in service. This is a misconception; Death in service provides family protection to cover essential living costs such as food, bills and the cost of education (both schooling and university). Mortgage Protection on the other hand provides a roof over your family’s heads.
Both are as important as each other however they are far more effective together.
Get in touch if you have any questions.