Cancel Level Term Assurance? 20 February 2012 at 1:20PM in Mortgage-free wannabe 1 reply 516 views

Lavandula

Hi,

I am going to pay off my mortgage in a couple of weeks...:j...this may be a daft question, but I assume it would also be wise to cancel the level term assurance as well.

Ta!:beer:

nictry

Depends if you could still do with a payout should you (partner) die? If you took it out years ago it may be a lot cheaper than taking out new life assurance policies now?