Affordable Bond Cover | My Bond Cover
Getting an independent bond cover policy could save you thousands of rands during the course of your bond term. But why not just opt for an in-house or bundled bond cover solution when you apply for your bond?
Reasons to choose independent bond cover
When you take out a bond, the bond issuing company - usually a bank or financial institution - may offer you an inclusive bond protection plan (somewhat erroneously referred to as 'home loan 'insurance'. Should you decide to finance the costs as part of your home loan, however, you will also be paying interest on the premiums for the full bond term.
My Bond Cover provides convenient access to bond cover solutions from independent South African underwriting companies, giving you the following benefits and advantages with immediate effect:
Super affordable bond cover - we hunt down the best deals on bond insurance from South Africa's leading bond cover companies.
No-frills monthly deductions - pay 0% interest on your mortgage insurance premiums!
Medical testing or no tests required - the choice is yours.
Many financial institutions or bond companies may charge you a premium for these convenient 'bundled deals'. If you opt to include this cost along with your mortgage origination expenses in your bond financing, you will also be charged interest - effective for the full term of your home loan! This means that you will be paying interest on top of an already marked-up bond cover premium.
More than just mortgage insurance
You also have the option of adding additional life cover benefits to your home loan insurance policy. Choose from options such as affordable income protector benefits, dynamic savings plan additions, additional dread disease cover and more! Simply request a free bond cover quote; an authorised financial advisor from Dave Wilson & Associates will contact you to assess your bond cover and related life assurance needs.
Put SA's more-for-less bond cover solutions to the test
Simply complete our contact form to request a free consultation, bond cover or life insurance quote - it's 60 seconds well spent. Be sure to read more about the benefits of income protector plans, or view our Resources Section for more bond cover and life insurance information.
Find out more about the benefits of direct bond cover, or contact us now for a free bond cover quote:
.