Mortgage Protection
Your home is likely your most significant asset. Mortgage protection insurance ensures that if you die, become seriously ill, or are unable to work, your mortgage repayments are covered and your family does not lose the home you have built together.
Mortgage protection
Making sure your family never loses their home
Most people insure their home against fire and flood without question — but not against the far more likely risk of losing the income that pays for it. Mortgage protection covers your repayments when your income cannot.
What would happen to your mortgage if you died, became seriously ill, or were unable to work for six months? Could your family continue making repayments? For most households, the answer is no — and the consequences would be devastating.
Mortgage protection can be structured in several ways: as a life policy that pays off the outstanding balance on death, as a repayment cover that meets monthly payments during illness or injury, or as a combination of both. We help you identify the right approach for your situation.
What's Included
The goal is straightforward — to make sure that regardless of what happens to you, your family is never forced to sell their home or fall into arrears on their mortgage.
We review your mortgage, your income, your existing insurance cover, and your family situation to recommend protection that is appropriate, affordable, and genuinely effective.
Mortgage repayment cover during illness or injury
Cover that meets your monthly mortgage repayments if you are unable to work due to illness or injury — protecting your home through both short and extended recovery periods.
Life cover linked to your mortgage balance
A life insurance policy structured to pay off your outstanding mortgage balance if you die — ensuring your family owns the home outright without any ongoing financial burden.
Integration with your broader insurance strategy
Mortgage protection works alongside your income protection, life insurance, and trauma cover. We make sure your total cover package addresses your mortgage without duplicating cover you already have.
Cover review when your mortgage changes
Your mortgage balance reduces over time, and your cover should reflect that. We review your mortgage protection when you refinance, restructure, or make significant repayments to make sure your cover remains appropriately sized.
What people say about Collaborative Consulting
“I got to know John whilst working with him in developing his company’s brand principles to strengthen the emotional connectedness with his clients. During this period, I gained a deep understanding of John’s ethics and strong desire to help people both through the good times and the bad times.
His strongest desire is to make a tangible difference for his clients and future generations of their family. John has a strong sense of family, he believes strongly in wanting to contribute back to the community.
I can honestly say I have not met a financial adviser where money is not the financial driver for him, it’s much more personal, it’s about making a difference. I’d recommend anyone who wants certainty in their financial investments talk to John.”
Michael Major BA (Hons) MDM
Property Development Consultant, Future Proofing Strategist
“John is the consummate professional in the Financial Planning and Investment sector. He has walked the talk, having successfully grown and lead businesses to achieve dramatic results. Through it all, he has helped people reach their personal and professional goals and engages with them comprehensively to ensure they achieve what they need to.
There’s no nonsense with John – if you want to succeed, he will help you do it and in doing so, you will meet and be assisted by one of the nicest and most professional people I know, who also lives by a set of principles steeped in integrity. A hard thing to find these days!
I strongly recommend you contact John and get to know him. You won’t regret it.”
Warren Cummins
Managing Director, Dale Carnegie Auckland and BRS Management
“Choosing someone to look after your money is an important decision especially if you are like me and have no idea about investments.
When I left my marriage I had money from the sale of the house. As I was now on my own financially I understood that I needed to ensure that not only was my money going to be safe but would also be working for my future.
I met with a few financial advisers but none of them really instilled me with confidence. I was feeling a bit lost and frightened about making the wrong decision.
Pam Martin
Arbonne Independent Consultant
“We are all specialists in our own area of business. We love referring our clients to an equally dedicated specialist, John Milner of Collaborative Consulting Ltd.
John has been able to help our clients leverage and re-invest their hard-won gains, made both personally, and in business. John has been working in his area of Investment Expertise for a long- time, so has ridden all of those waves in the marketplace. He is committed to helping clients mitigate their investment risk, and in these days and times, his level-head and thorough but relatable approach to Investment are exactly what we all need.
He makes investing simple, effective and takes the worry away.”
James Kelso
CPA, Director, Kelso Marsh Consulting Ltd
“I have known for some time now as part of my business networking group. From the start I have been impressed by John’s professionalism and his knowledge base. John takes what he does seriously and is quite clearly very dedicated to serving his clients well.
I have no trouble recommending him to anyone in need of sound financial advice.”
Rory Laubscher
Corporate Photography Specialist Firefly Photography
Our Process
When you work with us, we use our proven 3-step system. By understanding your situation and the goals you want to achieve, we work out a unique plan to help you get there smoothly.
Mortgage protection that keeps your family in their home
Years of experience helping New Zealanders protect their most significant financial asset against the unexpected.
Your home is more than an asset — it is your family’s security and stability. Mortgage protection ensures that security is never put at risk by events outside your control.
Frequently Asked Questions
Have a question about mortgage protection? Get in touch — we are happy to help.
Do I need separate mortgage protection if I already have life insurance?
Not necessarily. If your life insurance sum insured is sufficient to pay off your mortgage and provide for your family, you may already have adequate cover. We review your existing policies to identify whether dedicated mortgage protection is warranted.
Does mortgage protection cover redundancy?
Some mortgage protection policies include redundancy cover that meets repayments if you lose your job involuntarily. This varies by policy and comes at an additional cost. We review the options available to you.
How is mortgage protection different from lenders mortgage insurance?
Lenders mortgage insurance (LMI) protects the bank, not you. Mortgage protection insurance protects you and your family. They are completely different products serving entirely different purposes.
Should mortgage protection be decreasing or level cover?
Decreasing cover reduces in line with your outstanding mortgage balance, which makes it cheaper over time but provides less flexibility. Level cover maintains a fixed sum insured. The right approach depends on your overall insurance strategy and financial position.
What happens to my mortgage protection if I sell and buy a new property?
Your policy can typically be updated to reflect your new mortgage. We help you manage this transition to make sure you are never unprotected between properties.
Can I bundle mortgage protection with other insurance?
Yes. Many clients hold their mortgage protection alongside their life insurance, income protection, and trauma cover as part of a comprehensive package. We assess the most cost-effective way to structure your overall cover.
Do you work with clients across New Zealand?
Yes. We advise clients throughout New Zealand on mortgage protection via video call and phone.
Related insurance and financial protection services
With Collaborative Consulting by your side, we can help across a broad range of protection and financial planning needs.
Pay off your mortgage and provide for your family if you die — the foundation of most mortgage protection strategies.
Replace your income if you are unable to work — ensuring mortgage repayments and all other financial commitments are met during recovery.
Lump sum cover if you are diagnosed with a serious illness — providing financial flexibility during recovery that goes beyond repayment cover alone.