Mortgage protection insurance is designed to safeguard your home repayments if you’re unable to work due to illness, injury, or redundancy. It acts as a financial safety net so your mortgage doesn’t pile up.

This kind of cover usually pays your monthly mortgage instalments for a fixed period or until recovery, depending on policy terms. Some policies are decreasing (payments reduce over time) while others maintain cover levels through the term.

Though not always mandatory in the UK, some lenders may require or strongly encourage it as part of your mortgage package. It’s best viewed as peace-of-mind protection that ensures you don’t risk losing your home when life takes an unpredictable turn.