Mortgage Payment Protection Insurance ASU Age Related Mortgage Payment Protection Insurance is there to cover the repayments of the mortgage and other mortgage related expenditures such as Buildings and contents insurance, should you become unable to earn an income through accident, sickness or unemployment. We can offer two types of insurance, Standard which a general product and Age Related which is only available from up to 90 days from inception day of the mortgage. This is a monthly policy payable by Direct Debit.