Life Insurance
Protect your home and your finances
What is life insurance?
Life insurance is designed to help pay off your mortgage if you pass away during the policy term, so your loved ones can stay in the home they know.
It provides a financial safety net that can cover the outstanding balance on your mortgage, easing the burden on your family at an already difficult time. Whether you choose Level Term cover for a fixed payout or Decreasing Term cover that reduces alongside your mortgage, life insurance offers peace of mind that your home, and the people in it, are protected.
Why you need life cover
Protect your home so your loved ones never have to worry about the mortgage
- Pays off your mortgage if you pass away during the policy term
- Keeps your home in the family, no matter what happens
- Protects your family from financial stress
- Offers peace of mind that your biggest asset is covered
Choosing the right life insurance
Decreasing term insurance
Decreasing term life insurance is a smart, affordable way to protect your mortgage and give your loved ones peace of mind. As your mortgage balance reduces, so does your cover, so you only pay for what you need.
Why choose decreasing term? >>
Level term insurance
Level term life insurance offers fixed financial protection for your loved ones, making it ideal for many different homeowners. A guaranteed payout amount at any point in the policy gives you the peace of mind that your family won’t be left with financial burdens.
Why choose level term? >>
Get an insurance quote
Speak to one of our specialist advisors today to find out more about the insurance policies we offer,
and how MFB can help you secure the best mortgage protection.
Frequently asked life insurance questions…
Do you need life insurance for a mortgage?
What insurance do I need for my mortgage?
Do I need insurance for my property?
Talk to an expert
Speak to our experts today to find the best policy for your needs.
Give us a call, drop us an email, or choose a convenient time for us to get in touch.
Let's talk Insurance
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Have financial security and protect your home mortgage and loved ones with affordable life insurance.
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