When you make the decision to purchase a home, it is the single most expensive financial commitment most people consider in their lifetime. Therefore often it makes sense to take out Mortgage Protection. In any case the Financial Intuition will generally insist that you make the decision to take out Mortgage Protection. At Paul Ryan Pensions we have agencies with all the providers currently offering products in the protection market. We can run a quotation for Mortgage Protection taken from an analysis of multiple providers operating in the Irish Market. We guarantee that our quote will be the very best value money of the course of your mortgage. 

Please send us a mail to info@paulryan.ie or call us on 01-4546730 and we will give you a quotation for Mortgage Protection. We guarantee that our team in Paul Ryan Pensions can give you the best value for money.

If you are thinking of taking out mortgage protection you may have a number of questions which we will try to answer below:

What is Mortgage Protection?

Mortgage protection is a lump sum benefit which is paid in the event of the following:

• Death
• Serious Illness
• Death & Serious Illness

Cover decreases each year in line with the estimated capital outstanding on a capital and interest mortgage

How long is the term of Mortgage Protection?

The term is related to the length of the mortgage term. Usually from 5 years to 30 / 35 years.

Is there tax relief on Mortgage Protection payments?

There is no tax relief on premiums and no tax benefit.

How much is my Mortgage Protection Premium likely to be?

The cost of the premium will vary depending on your age, sex, smoking status and health