Your Police Mutual. Owned by you. Run by you.

Mortgage protection provides you with life cover if you have a repayment mortgage. Its aim is to help pay off your mortgage if you or your partner (if it is a joint plan) die during the term of the plan.

Anyone who is eligible to apply for a Police Mutual plan can apply. Find out if you're eligible here

To comply with money laundering regulations, we may carry out an online identity check with a reference agency when you apply. The agency will add a note to your credit record to show that an identity check has been made, but this information will not be available to anyone else and will not affect your credit rating.

You can find out more about why we need to check your identity on the Financial Services Authority website.

You’ll need to make sure the term and amount of cover are sufficient to help pay off your mortgage, taking into account any other Life Insurance you have which could be used. For example, if you have a 25 year mortgage for £150,000 you’ll need 25 years’ cover for £150,000.

The amount paid will normally be enough to pay off the mortgage in full - provided the interest rate charged by your lender for your mortgage has not exceeded 9%. If this interest rate does exceed 9% your mortgage may still be covered but please refer to the schedule provided with your mortgage protection policy to check whether you have adequate cover for your outstanding mortgage amount.

The plan term - or term of plan - is the period of time that the plan is active. You can choose a term of between 1 and 40 years.

The plan term is up to you – but if you have a 25 year mortgage and only take out a 20 year plan, your home will be at risk if you die in the uninsured five years. It is always advisable to match your remaining mortgage term.

Some mortgage lenders offer free periods of cover when you first take out your mortgage – this could save you money in the short-term. However, it’s worth checking their rates over the term of your mortgage, as you could make more savings by moving to another mortgage protection provider.

The plan only pays out if the person covered in the plan dies. There is no payout at the end of the term or if you decide to stop the plan early.

The application should take no more than ten minutes to complete.  

Whether you’d like a joint application (which pays out if you or your partner dies) or a single application – for you or your partner alone, the amount of money you’d like your dependants to receive and how long you’d like the plan to provide cover for – between one and forty years.

As soon as your plan has been written, the payment rates are guaranteed for the full term.

We have a full list of all forces offering deductions from salary or pension.

We will treat your application as a priority. If you have any questions about the processing of your application, please contact us on 0845 88 22 999.