MORTGAGE INSURANCE
MORTGAGE SECURITY IS HOME SECURITY
Life is full of the unexpected. Sometimes that can be a spontaneous surprise that we enjoy; other times it could spell disaster. If your business goes under, you lose income your family relies on, or if you become less abled or suffer a critical medical event, you may not be able to keep up with your mortgage payments.
Dealing with the unexpected is going to be a lot easier if you know that the roof over your family’s head is not in jeopardy. Mortgage Insurance is cover that works to keep you and your loved ones secure through times of crisis, so if home is where your heart is, be sure that you can keep your home even if you can’t meet your payments for a period of time.
SPRATT FINANCIAL HAS YOU COVERED
If you are suddenly faced with a reduction or complete loss of earnings, Spratt Financial Mortgage Insurance will cover your mortgage payments or related expenses every month. Mortgage Insurance may also be built into your Life Insurance Cover or Trauma Cover, or you can choose to set up a separate Mortgage Insurance policy.
In the event that you are in an accident or are made redundant, the right Mortgage Insurance will ensure that your home is safe. This means less stress across the board, and it also means that your family members are not unexpectedly plunged into a situation where they need to up-end their lives on top of dealing with whatever else has happened to bring uncertainty into their day-to-day living.
MITIGATE AFTERLIFE RISK WITH MORTGAGE INSURANCE
Reducing the risks associated with large-scale borrowing is a no-brainer. When you choose the right cover with Spratt Financial Mortgage Insurance, you are also protecting your family after you are gone. This cover is specifically designed so that in the event of your death the payout goes directly to your mortgage lender to pay off the remainder of the loan; this leaves your family in a secure position when you are no longer able to take care of them.
A Mortgage Insurance policy is often paired with a Life Insurance policy; this provides the best possible financial outcome for those you leave behind by ensuring the mortgage is taken care of and there are funds available for living expenses and ongoing maintenance for the assets you accrued across your working life. Spratt Financial can draw up a combined policy that includes a solution for every eventuality, and we offer peace of mind for you and for your family.
WHY CHOOSE SPRATT?
25+ YRS
of Experience in NZ Financial Services
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NZ Owned and Operated
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