Most mortgage lenders will give you the option to apply for mortgage insurance directly through them. But before you finalize your mortgage, think about how different their policies are from ours.

What if I switch mortgage lenders?

The bank pays out the mortgage, your family gets nothing.

You, your partner and your children – you can protect your whole family, even those who are not responsible for paying your mortgage

What the bank insures:

What Goldkey insures:

What does the insurance cover?

Who gets the benefit if I die or become seriously ill?

The mortgage lender is automatically the beneficiary

You decide who gets the insurance benefit and how it's used – to pay your mortgage, medical expenses or your child's education – whatever is best for you and your family

What is the premium difference?

The mortgage lender is automatically the beneficiary

Premium is based on the original loan amount, even though each year your loan is reduced, the premium is not. Claim amount is paid based on balance of mortgage.

Premium is the same for a fixed term, claim amount will be the same amount throughout the term, even though your loan amount reduces you still get paid full.

You and your family are beneficiaries, so the coverage follows you regardless where your mortgage is.