Konstantina Kalliontzi, a tech worker, is worried about the cost of mortgage protection insurance due to her having had cancer six years ago. Konstantina Kalliontzi (26) is living in a modular home in someone’s back garden at a monthly cost of €1,150. Mortgage protection insurance is a life insurance policy that pays off a borrower’s mortgage in full if they or a co-borrower dies. She says she checked with many insurers, and AIB Life was the only provider to offer her a mortgage protection quote. There are limited and exceptional circumstances where the need for mortgage protection insurance can be waived, the spokesman added.

Source: The Irish Times April 07, 2026 14:31 UTC