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Mortgage Life Assurance
michsmit
Posts: 55 Forumite
Hi,
Does £30 a month sound reasonable for Mortgage life assurance for two people on a £122500 mortgage? We are both in our early twenties, first time buyers.
Does £30 a month sound reasonable for Mortgage life assurance for two people on a £122500 mortgage? We are both in our early twenties, first time buyers.
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Comments
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Seems expensive but it would depend on what addons you have.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Is it life and critical illness or just life?
If the former, it is quite cheap!0 -
Smokers or non smokers?0
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Non-smokers, not sure if it includes critical illness.0
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Have they not given you the quote aqnd the key features it should say on there what you are supposed to pay for.
If you dont then do some googling or try some of the websites Martin promotes on this site.
Or call up some brokers to email you quotes.
Read up on Life insurance and Critical illness so you understand what you are buying.0
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