Financial Planning lgma-mortgage-protection-insurance

Mortgage Protection Insurance (MPI) Scheme for Local Authority Borrowers

The Mortgage Protection Insurance (MPI) Scheme for Local Authority Borrowers provides Life Cover for new borrowers when purchasing their home.

Cornmarket administers the Scheme on behalf of the Local Government Management Agency (LGMA) and the Scheme is underwritten by New Ireland.

Disability Benefit Opt-Out Form

Since 1st January 2023 an annual opt-out of Disability Benefit is available to Borrower's covered under the Scheme. To find out more about what opting out of this benefit will mean to your cover, please read the form below. All completed forms must be sent to the Local Authority that administers the Loan before 31st October 2026.

Click here to opt-out

Information about the Scheme

Scheme Application Forms

Mortgage Protection Application Journey for New Borrowers and Restructured Loans

View Document

Mortgage Protection Application Journey to Add or Remove a Borrower

View Document

Applying for the Scheme

Please review the Scheme documents above to apply for the Scheme, and click here to access our Terms of Business. Send your completed application form to:

Life Department,

Cornmarket Group Financial Ltd,

Christchurch Square,

Dublin 8,

D08 FP21.

Or email SPSNewBusiness@cornmarket.ie

Scheme Claim Forms

Submitting a claim

Our flyer will help guide you through the steps with making a Death Benefit or Disability Benefit claim.

Find out more

Help our commitment to sustainability

As part of our commitment to sustainability, we strive to reduce our use of paper and correspond to Local Authority Borrowers via email wherever possible.

Enter your details here

Supporting member wellbeing

Learn about the signs and symptoms of Breast Cancer

This Scheme is underwritten by New Ireland. New Ireland Assurance Company plc is regulated by the Central Bank of Ireland. A member of Bank of Ireland Group.