Mortgage Protection Insurance

In Ireland, if you take out a mortgage you need to have mortgage protection cover. Some of the benefits of being an Aviva customer include:

  • Low monthly premiums - Protect your home and family from €10 per monthFootnote 1
  • Aviva Life & Pensions Ireland paid over €121 million in protection claims in 2023Footnote 2
  • Exclusive access to Aviva Care at no extra charge, including Digital GP

What is mortgage protection?

When you're taking out your mortgage, your lender will usually request that you also take out a mortgage protection policy. But what is it? It's a cheaper form of life cover, designed to help pay your outstanding mortgage balance if the worst were to happen. So you know your family are secure in the home they love.

  • Expert advice

    Aviva Directs financial advisers can help you get the right cover set up quickly and easily.

  • Easy paperwork

    Aviva Direct complete all the paperwork with a signature-free process. Footnote [3]  

  • Aviva Care

    You get access to services like Digital GP, Best Doctors, Family Care Mental Health support and Bereavement Support.  See the mortgage protection brochure for further details.

Get a mortgage protection quote

How does mortgage protection work?

When you take out a mortgage, your loan provider will insist you have enough life cover in place to repay the outstanding amount if you die within the term of your mortgage. This is a cost effective type of life insurance cover, as the life cover amount reduces over the term of the mortgage/policy. However, to give you further protection, you can combine your life cover with serious illness cover. This gives you protection for a number of specified serious illnesses.

When you take out a Mortgage Protection plan, you’ll pay a premium each month for the length of your policy.

Your mortgage protection plan helps pay off your outstanding mortgage if you die before the end of the term. It’s designed to work along side your mortgage, as the amount of cover reduces (by a fixed percentage) over time as you pay off your mortgage.

As you would expect, because your cover decreases over the term, this type of life insurance is usually cheaper than cover which does not decrease throughout the term of the policy.

The cost of your Mortgage Protection cover will depend on:

  • the size of your mortgage - this determines the amount of cover you need
  • whether you add a conversion option
  • whether you add specified illness cover
  • the length of your mortgage – this determines the term of your plan
  • your age
  • whether you are a smoker or non-smoker
  • your current state of health
  • whether you take out the plan by yourself or jointly with your partner

Additional cover

You can get even more peace of mind by adding specified illness cover to your mortgage protection policy. This means that if you are diagnosed and proven to have a specified illness or if you die, your benefit will be paid. About specified illness cover.

The difference between Life Insurance and Mortgage Protection

Siocha Costello, Protection Marketing Manager, Aviva Life & Pensions Ireland DAC explains the difference between Life Insurance and Mortgage Protection.

Please enable your browser JavaScript to view the video


00:00:00 Video starts

00:00:05 Siocha Costello, one minute pitch. The difference between Life Insurance and Mortgage Protection, your time starts now.

What is Life Insurance?

00:00:14 Siocha Costello, Protection Marketing Manager, Aviva Life & Pensions Limited

In a nutshell life insurance will pay your dependents a lump sum if you die.


What is Mortgage Protection?

00:00:22 Siocha Costello

Mortgage protection pays out the outstanding balance of your mortgage if you die.


So, what is the main difference between the two?

00:00:27 Siocha Costello

The money from you mortgage protection goes to your lender to pay off your mortgage so your family home is secure. Life insurance gives your family money for all their other expenses, childcare costs, electricity costs and loans.


Why would you need both?

00:00:42 Siocha Costello

If you are taking out a mortgage you are required to have mortgage protection in place, having both means having all your family financial outgoings are taking care off.


When is a good time to get cover?

00:00:54 Siocha Costello

Insurance costs are generally based on several factors. One of those is age so the younger you are generally the cheaper it is.


What do you think is the best thing about these products?

00:01:06 Siocha Costello

I think the peace of mind that comes will knowing that your family is financially secure if anything happened to you.


Siocha your time is up.

To find out more about Life Insurance and Mortgage Protection talk to your Financial Broker.

00:01:23 Video ends

Do you already have mortgage protection with us?

Contact Aviva Life & Pensions Ireland customer service team

1800 159 159

Monday, Tuesday, Thursday and Friday: 9:00a.m. - 4:00p.m.

Wednesday 10:00a.m. - 4:00p.m.

Mortgage protection policy features

Your home is probably the largest purchase you'll ever make. That's why Aviva strive to make mortgage protection hassle-free.
  • Exclusive access to Aviva Care, for the healthcare support you need just a click away
  • Excellent claims team to help you with any claims you may have.
  • Free accidental death cover while your application is considered, at no extra cost. Footnote [4]  
  • Terminal illness benefit: Aviva Life & Pensions Ireland pay out the life cover amount if you’re diagnosed with an advanced or rapidly progressing incurable illness. Your life expectancy must be less than 12 months in the opinions of both an attending consultant and Aviva Life & Pensions Chief Medical Officer. 
  • Children’s life cover: Avive Life & Pensions Ireland cover each of your children for the lesser of €5,000 life cover or 10% of the sum insured life cover for as long as you are covered. Aviva Life & Pensions Ireland will only pay one claim for each child, no matter how many plans you have with us.

Aviva Care

With your protection policy you have access to the following services through our Aviva Care benefit:

  • Digital GP
  • Best Doctors Second Medical Opinion
  • Family Care Mental Health Support
  • Bereavement Support

Talk to us today!

Get guidance from Aviva Direct professional financial advisers to help you get cover suited to your needs.

091 784 440

Monday to Friday: 9:00am – 5:00pm

Weekends and Bank Holidays: Closed

Get a mortgage protection quote

With insurance from as little as €10 per month1, you can get a mortgage protection insurance quote in minutes with our online form.

Why choose us for mortgage protection?

Aviva has been providing trusted protection in Ireland for over 240 years. We’re part of the Aviva Group, providing 19.2 million customers* in the UK, Ireland and Canada with a range of solutions to meet their insurance, wealth and retirement needs. We’re there to protect the things that matter most to our customers: their homes and belongings, their health and wealth, their future and their families.

*Source: Aviva plc Annual Report & Accounts 2023.

Contact us

Aviva Life & Pensions Ireland existing customers

1800 159 159

Monday: 9:00a.m. - 5:00p.m.

Tuesday: 9:00a.m. - 5:00p.m.

Wednesday: 10:00a.m. - 5:00p.m.

Thursday: 9:00a.m. - 5:00p.m.

Friday: 9:00a.m. - 5:00p.m.

Saturday - Sunday: Closed

For a new quote, contact Aviva Direct

091 784440

Monday to Friday: 9:00a.m. - 5:00p.m.

Saturday - Sunday: Closed

Bank Holidays: Closed

Policy details

The documents below contain everything else you might need to know:

Mortgage Protection Brochure

Specified Illness Definitions Guide

Terms of Business

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