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Mortgage Insurance: Bank Nurse
liberty23
Posts: 48 Forumite
Hi, not sure if this is the correct forum to post this on. Apologies if not.
My partner has been working for the NHS for almost 20 years, mostly on what is known as a 'bank contract'. Basically he is contracted to work wherever in the hospital there is a shift available. Up until very recently there has been no shortage of work, but it seems due to some new hospital directives for budgeting there are now a very limited number of shifts available and more bank nurses than needed to cover them. He doesn't get paid unless he works and if there isn't any work, no money.
We have mortgage insurance and we were wondering if anyone knew if it would cover this kind of situation? Has anyone had experience with similar circumstances or any advice?
My partner has been working for the NHS for almost 20 years, mostly on what is known as a 'bank contract'. Basically he is contracted to work wherever in the hospital there is a shift available. Up until very recently there has been no shortage of work, but it seems due to some new hospital directives for budgeting there are now a very limited number of shifts available and more bank nurses than needed to cover them. He doesn't get paid unless he works and if there isn't any work, no money.
We have mortgage insurance and we were wondering if anyone knew if it would cover this kind of situation? Has anyone had experience with similar circumstances or any advice?
Don't let the b*st*rds get you down!
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Comments
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I have a second job as a bank nurse but not main job. You can bet your life the insurance wouldnt pay for that because you do not have a set amount of contracted hours. I suppose in their eyes they could literally be paying out every month or you could choose not to take shifts because they would pay the insurance for you to cover your mortgage. Worth asking them though.Egg April 10 £6600 Jan £4678 now £0
Santander Jan £3414 April £3338
Virgin April£2643 Aug £3155 April £7109
Barclaycard Oct £1476 April £1287
So far paid off 17% of c.c. debt:T0 -
Maybe try over at the mortgage boardMortgage free by 30:eek:: £28,000/£100,000
Debt free as of 1 October, 2010Taking my frugal life on the road!0
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