Buying Off-Plan: Insurance for exchange deposit?

davidpow

I am looking to buy a new build home, off-plan. As is pretty standard, the developer wants to exchange contracts, with 10% deposit, quite quickly. This means there will be a long gap between exchange and completion (probably 6-9 months). I have sorted things like duration of mortgage offer and getting things like provision for snagging prior to completion in the contract, but am left with one concern: with the gap between exchange and completion being so long, there is a greater risk of "Life events" such as illness or redundancy which could mean I am unable to complete and would lose my deposit.



While the risk of any of these events is low and if having the "normal" (for buying an existing property) 2 week period between exchange and completion I would not think about it, but as this could be 6-9 months I wonder if there is any insurance I could buy which would cover the deposit until completion if such an event occurred.


I've googles it but cannot find anything, which surprises me as this is not an uncommon situation. Has anyone come across something that I may have missed?


Thanks in hope!