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life insurance
daylad
Posts: 119 Forumite
this might well be a stupid question (!!!!) but does life insurance pay out if you die of natural causes, my mum wants me to take out a loan for her which i dont mind doing, but can she take out a life ins policy if she dies before the loan is paid off? thanks
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Comments
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Yes it does.0
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It does. Make sure you get the insurance put in trust to make sure it goes to you and not your mums estate.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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