This is an Income replacement policy where protection is provided for both the first and the second wage earner, hence it is "double" or two-person cover. Cover may also be available for self-employed borrowers.
The details of income replacement policies vary from insurer to insurer and from policy to policy.
Think Carefully Before Securing Other Debts Against Your Home. Your Home May Be Repossessed if You Do Not Keep Up Repayments On A Mortgage Or Other Debt Secured On It.
