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Mortgage Protection

Mortgage Protection Insurance, on the other hand, is a lump-sum payment that the insurer pays to the policyholder in the event they are permanently disabled or pass away. This policy allows members to be covered from the ages of 18 years to 65 years. Depending on your circumstances and number of dependents you can organize a mortgage protection policy to provide cover for the following situations:


In the event of your death, the outstanding balance of your loan will be paid depending on the type of MPI cover you have.

Total & Permanent Disability

Having suffered a disability through injury or illness which has prevented the Insured Member from engaging in his/her normal occupation or in any other occupation for a continuous period of six (6) months and which in the opinion of the Company after consideration of medical evidence has rendered him incapable of ever again attending to his normal occupation or to any occupation for which he is reasonably fitted by knowledge, training or experience or having suffered the loss of two limbs or the sight of both eyes or the loss of one limb and the sight of one eye (where limb is defined as the whole hand or the whole foot).


  • Member has attained age 18 but is not over 60 at his late birthday.
  • Not a hospital patient and did not suffer from a medical condition for which he could otherwise have claimed for TPD benefits at entry.


  • The anniversary of an insured member’s entry date at which he attains or has attained the age of sixty-five (65).
  • The anniversary of Insured Member’s Entry Date at which he has completed all instalment repayments for his mortgage or full repayment of the loan by capital payment.