We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
WIll my ASU cover my mortgage payments?
ferry
Posts: 2,014 Forumite
I have the possibility of accepting voluntary redundancy.
I have a mortgage and a payment protection policy with Paymentshield.If I opt for voluntary redundancy will my mortgage payments be met by my policy with Paymentshield?
Or does it only cover compulsary
(Sorry-at work at the mo and a bit worried so wont be able to check the specifics of my policy until tomorrow)
Thanks
F
I have a mortgage and a payment protection policy with Paymentshield.If I opt for voluntary redundancy will my mortgage payments be met by my policy with Paymentshield?
Or does it only cover compulsary
(Sorry-at work at the mo and a bit worried so wont be able to check the specifics of my policy until tomorrow)
Thanks
F
:j
0
Comments
-
Usually these policies only cover involuntary unemployment. I'd be very surprised if it covers voluntary redundancy.
Pretty sure the answer to your question is 'no', sorry.Are the words 'I have a cunning plan' marching with ill-deserved confidence in the direction of this conversation? :cool:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards