HSBC offers free unemployment cover for new mortgage customers

As part of HSBC’s Split Loan Mortgage campaign it is offering free unemployment cover1 for all new mortgage customers, if at least one other LifeChoices2 cover type is taken out.  

David Wells, head of insurance at HSBC, says: “The weakness of economic recovery means a number of people will be feeling uncertain about the security of their jobs and whether they will be able to keep up their mortgage repayments in future.  To ease these concerns HSBC is offering free unemployment cover to mortgage customers for a limited period.”

HSBC is also offering new mortgage customers 12 months for the price of nine on new home insurance policies taken with new mortgages.