3 Month Payment Waiver on Your Mortgage Protection Policy*
During these unprecedented times we want to support you to keep your vital mortgage protection policy in place. We are offering a 3 month payment waiver to customers who have a non-unit linked mortgage protection policy. This is available to you if you have been granted a payment break on your mortgage by your lender. The 3 months premiums will not be required to be repaid at a later date. Evidence of approval of the mortgage payment break will be required. This offer also extends to non-unit-linked Term Assurance policies that are assigned to a mortgage.
We are delighted to offer this mortgage protection payment waiver to customers who meet the following criteria;
- You have a non-unit linked Mortgage Protection or Term Assurance policy that is assigned to a mortgage.
- You are currently paying your mortgage protection premium monthly by direct debit. Please note, if you are not paying your mortgage protection premiums by direct debit, we still have payment options for you. Please contact us for more information.
- You have been granted a mortgage payment break from your lender. We will require evidence of this.
- Your policy must be in force on or before 1 March 2020.
Extended mortgage protection payment waiver*
We are pleased to inform you that if you have been granted a further payment break on your mortgage by your lender, we will also waive your mortgage protection payments for a further 3 months. This means that you could have your mortgage protection payments waived for a total of 6 months and you will not be required to repay your premiums at a later date.
This Mortgage Protection offer has been extended until the 30th of September 2020.
New Ireland Assurance reserve the right to withdraw this offer at any time.
*Terms and conditions apply. If we agree to cover your premiums for a period, we’ll treat it as a change to your policy for the period in terms of when premiums are due. Your policy conditions will continue to apply in other ways. Once the period ends, you’ll need to start paying premiums again to keep cover in place.