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MPPI on Joint Mortgage
scotgirl
Posts: 805 Forumite
Sorry if this has been asked before but I did search and couldn't quite see the answer I wanted!
We have just bought our first place and we both work full time earning about the same salary. I want to take out MPPI and have read Martin's article. Can someone tell me:
We have just bought our first place and we both work full time earning about the same salary. I want to take out MPPI and have read Martin's article. Can someone tell me:
- If there is Joint MPPI available and who is most competitive
- If single policies are cheaper are we supposed to take out the Insurance to cover the full payment per month, ie. our mortgage is £550 a month - should we both be insured for £550 a month or should we be insured for £275 each per month to cover our share if anything happens?
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