My Bond Cover

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Table of Contents

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My bond cover is the best alternative when it comes to mortgage cover

My Bond Cover is a tailored insurance cover that covers your premiums when you cannot earn a salary due to illness, or in the event of death, pays off your home loan in full.

Getting cover is simple with My Bond Cover, an excellent South African disaster protection supplier. By agreeing to accept security cover can spare you a large amount of money throughout your home mortgage period.

An affordable all-inclusive Mortgage insurance

When you back your security cover alongside your mortgage, you'll be paying an affordable all-inclusive premium which allows you the benefit of mortgage cover insurance, when you need it. There are many situations and spur-of-the-moment incidents in life that can blow the wind out of your sails.

Ensure your Mortgage insurance is always covered

When you have debts and loans to think about, the financial stress can make whatever situation you are in worse. Should you become seriously ill, or disabled, you may not be able to continue working. How would you afford to pay your regular home mortgage premiums especially, if you have no credit life insurance and medical insurance in place?

My Bond Cover has the right solution for you, by covering your premiums over some time, and will evaluate further payment of either a lump sum or whatever option is needed to ensure you don’t lose your home.

Should you pass away

In the event of your death, they will pay your bond in full, allowing your family to carry on living in the home bond-free. The bond cover is extra security that settles the policyholder's outstanding bond obligations in their passing or lasting inability just like funeral insurance covers the cost of someone passing away.

Spare your family heartache and trauma

Without bond cover, the mortgage holders' home will leave their families or closest relatives with no other choice but to sell the property to pay off the bond.

This circumstance is a long way from perfect. An appropriate purchaser may not be found, or you may not get the amount that the home is worth. This can be very unsettling and traumatic. Hence why their bond cover is so beneficial and takes the financial stress and concerns out of the process.

Disaster cover at moderate rates

My Bond Cover gives South African mortgage holders access to reasonable disaster protection at super moderate costs. These bond cover arrangements empower mortgage holders to keep up their month-to-month bond reimbursements in case of ill health or death.