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.

Logbook loans and payment insurance

Nat1977
Nat1977 Posts: 222 Forumite
in Loans
If someone got a logbook loan, would they be able to take out seperate insurance policy with another company in case they lost their job or became too ill to pay?

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Nat1977 wrote: »
    If someone got a logbook loan, would they be able to take out seperate insurance policy with another company in case they lost their job or became too ill to pay?


    you can apply for ASU insurance (accident, sickness and unemployment )
    just google it but read the small print very carefully especially about waiting times before the insurance will pay out
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.6K Banking & Borrowing
  • 252.2K Reduce Debt & Boost Income
  • 452.5K Spending & Discounts
  • 241.3K Work, Benefits & Business
  • 617.8K Mortgages, Homes & Bills
  • 175.8K Life & Family
  • 254.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture