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Unemployement Ins
T4LFR
Posts: 100 Forumite
Advice on if I am going about this the right way -
We have joint unemployement Ins at the moment, so obvioulsy recently it is going up from £19/month to £28 - which is fine. But when I look into alternate cover, I can get increased cover over seperate policies for myself and my wife.
So my thought was to get 2 new seperate policies that cover each of us for the full amount of the mortgage, wait until the breaking in period is over that you cant make a claim (90 days i think some of them are) and then cancel my original joint cover.
2 questions - can I run the new cover (2 policies) along side the old joint cover until the breaking in period is over.
I have joint cover at the moment - what is the difference between that and 2 seperate policies, are 2 seperate policies just as good????
Thanks...
We have joint unemployement Ins at the moment, so obvioulsy recently it is going up from £19/month to £28 - which is fine. But when I look into alternate cover, I can get increased cover over seperate policies for myself and my wife.
So my thought was to get 2 new seperate policies that cover each of us for the full amount of the mortgage, wait until the breaking in period is over that you cant make a claim (90 days i think some of them are) and then cancel my original joint cover.
2 questions - can I run the new cover (2 policies) along side the old joint cover until the breaking in period is over.
I have joint cover at the moment - what is the difference between that and 2 seperate policies, are 2 seperate policies just as good????
Thanks...
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