If we rent the property out our we still eligible for this insurance?

Q: If we rent the property out our we still eligible for this insurance? Will it pay out on a claim if we are receiving rental income?

A: Thank you for your email.

A mortgage protection policy cannot be used if you are renting, you should use an income protection insurance policy.

Income protection insurance allows you to cover a percentage of your gross monthly income the money goes directly to you to use as you wish.

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