Term Insurance.

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We have just taken out reducing term Mortgage protection insurance with Scottish Equitable over 15 year. Due to health problems they had to contact GP. they then quoted a premium of 64.60 per month to cover £59000,can i change companys next year if i get a better quote,as i am trying to quit smoking and i know it would be a lot less expensive for insurance after i have not smoked for 12 months.the last letter i had from S/E said i had 30 days to cancel the cover
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