Joint Morgage protection question

andru

I am married and i have just taken out redundancy protection insurance on the morgage.The house is in my name only, as it was bought before i met my wife.We want to be both covered in the event of redundancy,is there anyway we can get protection cover for my wife considering she is not on the morgage?

Thanks

Wutang_2

yes - speak to an IFA

andru

Thats where i organised mine from last night but he is stuggling to get cover because my wife is not named on the morgage.

grogdog

she will be able to get income protection for ASU, but not mortgage protection

andru

Income protection for accident,sickness etc was the next best thing on our list if it was not possible to get the morgage cover.

Thanks

dunstonh

Are you speaking with an IFA or a mortgage adviser?

There are plenty of companies that can offer what you need from the whole of market. A mortgage adviser tied to a particular insurer can only offer their in-house product. They may not be able to do it.