Protect your family home with mortgage protection
Get instant quotes from Ireland's leading insurers. Compare rates, find the best cover, and secure your family's future in minutes.
Your mortgage doesn't disappear if you do
Mortgage protection ensures your family can keep their home if you die or become critically ill. Most lenders require it, but you can choose the right policy at the right price.
Protect your family home
Ensure your loved ones can keep their home even if you're no longer there to pay the mortgage.
Lender requirements met
Most Irish lenders require mortgage protection. We'll help you find cover that meets their requirements at competitive rates.
Compare leading providers
Get quotes from Royal London, Zurich, Aviva, Irish Life, and New Ireland to find the best rate for your situation.
Quick and simple
Get instant quotes online in minutes. No obligation, no pressure—just clear information to help you decide.
Compare quotes from Ireland's leading insurers
We work with the most trusted mortgage protection providers in Ireland. Compare rates and find the best cover for your needs.
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Central Bank regulated
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Obligation to buy
Why choose Empowered Money for mortgage protection
Over 20 years' experience helping Irish families secure the right cover at the best price, with clear advice every step of the way.
Plain English guidance
Insurance policies can be confusing. We explain your options clearly, compare the terms side by side, and help you understand exactly what you're buying—no jargon, no pressure.
Expert help with complex cases
Health conditions or lifestyle factors affecting quotes? With 20+ years' experience across all Irish insurers, we know which providers are most likely to offer competitive terms for your situation.
Transparent pricing, no hidden fees
Get instant quotes online for free. If you choose to proceed, we arrange your cover with no additional broker fees—you pay the insurer's standard premium, nothing more.
Working with Shane and the team at Empowered Money has been a hugely positive experience.
Shane's clear, strategic financial advice gave me the confidence and ability to take over a year off work, to travel and spend time with family, while continuing to contribute to my pension and maintaining my financial stability.
Thanks to his guidance, I've now reentered the workforce in a strong position, with my long-term goals still fully on track. I'm incredibly grateful for his support, insight, and the peace of mind his expertise has provided.
Andrea Henry
Customer of Empowered Money
Mortgage protection FAQs
Common questions about mortgage protection insurance in Ireland.
What is mortgage protection insurance?
Mortgage protection insurance is a life assurance policy that pays off your mortgage if you die during the policy term. Most Irish lenders require it when you take out a mortgage. The policy amount matches your mortgage balance and decreases as you pay off your loan. It ensures your family can keep their home even if you're no longer there to make payments.
Is mortgage protection mandatory in Ireland?
In most cases, yes. Irish mortgage lenders typically require mortgage protection insurance as a condition of approving your loan. There are limited exemptions—for example, if you're over a certain age, have existing serious health conditions that make cover unavailable, or if the cost would be unaffordable. However, these exemptions are rare. We can help you understand your options and find affordable cover that meets lender requirements.
How much does mortgage protection cost?
Costs vary based on your age, health, lifestyle factors like smoking, mortgage amount, and policy term. Premiums are typically lower than many people expect—often less than €50 per month for substantial cover. Joint policies (covering both partners) can be more cost-effective than separate policies. Our quote tool shows you rates from multiple providers so you can compare and find the best price for your situation.
What's the difference between decreasing and level term cover?
Decreasing term cover (the most common for mortgages) reduces the payout amount over time as your mortgage balance decreases. Premiums are lower because the cover amount decreases. Level term cover maintains the same payout amount throughout the policy term, regardless of your mortgage balance. Premiums are higher, but your family receives a larger payout if you die. Most people choose decreasing term to match their mortgage, but we can discuss which option suits your needs.
Can I get mortgage protection if I have health conditions?
Often yes, though terms vary. Insurers assess each application individually. Some conditions may result in higher premiums, exclusions for specific conditions, or in rare cases, declined cover. We work with multiple providers, so if one insurer declines or offers unfavourable terms, we can try others. Being transparent about your health history helps us find the best available cover for your circumstances.
Do I need mortgage protection if I'm buying alone?
Yes, lenders typically require mortgage protection regardless of whether you're buying alone or with a partner. If you're single, the policy ensures your estate can pay off the mortgage if you die, protecting any beneficiaries or family members who might inherit the property. Even if you don't have dependents, mortgage protection prevents your mortgage from becoming a burden on your estate.
Can I add serious illness cover to mortgage protection?
Yes, many policies offer optional serious illness cover (also called critical illness cover). This pays a lump sum if you're diagnosed with a specified serious illness, which can help cover mortgage payments during treatment and recovery. Adding serious illness cover increases premiums but provides additional protection. We can show you quotes with and without serious illness cover so you can decide what's right for your situation.
What happens if I change my mortgage or move house?
If you remortgage or move to a new property, you may need to adjust your mortgage protection policy. You can often transfer existing cover or take out a new policy. If your mortgage amount increases, you'll need additional cover. If it decreases, you might be able to reduce your cover and premiums. We can help you review and update your policy when your circumstances change.
How long does it take to get mortgage protection quotes?
Our online quote tool provides instant quotes from multiple providers in just a few minutes. You'll need basic information about your mortgage amount, term, age, gender, and smoking status. The quotes give you an indication of costs, though final premiums depend on full underwriting. Once you choose a provider, the application process typically takes 2-4 weeks, depending on medical assessments required.
What's the difference between mortgage protection and life insurance?
Mortgage protection is a specific type of decreasing term life assurance designed to pay off your mortgage. It's usually required by lenders and the payout amount decreases over time. Life insurance is broader—it can be term or whole of life, level or decreasing, and the payout goes to your beneficiaries for any purpose. Many people have both: mortgage protection to cover the mortgage specifically, and additional life insurance to provide broader financial security for their family.
Protect your family home today
Get instant quotes from Ireland's leading mortgage protection providers. Compare rates, find the best cover, and secure your family's future—all in minutes.
