There are various insurance policies you may wish to consider when you take out a mortgage.
However the only insurance that is compulsory with every mortgage is building insurance. As the lender has the right to repossess the house if you breach the conditions of the mortgage, they need to know that their security is protected against all the usual perils such as damage from storms, frost, subsidence, fire, floods, lightning and so on.
Usually you are free to choose your own insurance company. Most lenders charge a one off fee if you do not take out their block policy. mortgage2move would always advise their customers to shop around so they can be sure they obtain a competitive deal with cover that suits their own set of circumstances. As mortgage2move is not tied to any one insurance company, they are able to compare policies from a  range of selected companies in order to find suitable cover at an affordable price.

Insurances have been regulated by the Financial Services Authority since 14th January 2005.