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How cover should I get on a Mortgage life insurance policy
ed.tombs
Posts: 2 Newbie
Hi,
I am a first time buyer and am look round for a mortgage life insurance policy and I have a question.
We are borrowing £175k. with the current interest rates, the total repayble is £313k.
Do I need to get myself covered for £175k or £313k?
Thanks
Ed
I am a first time buyer and am look round for a mortgage life insurance policy and I have a question.
We are borrowing £175k. with the current interest rates, the total repayble is £313k.
Do I need to get myself covered for £175k or £313k?
Thanks
Ed
0
Comments
-
£175k sounds more than likely!!!
£313k would be if you stayed on their SVR forever after
Do you not have any form of adviser?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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