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Mortgage Insurance
JannyJ
Posts: 7 Forumite
Hi, my husband and I
have two policies running to pay off our morgage if one of us should pass away, would they both pay out or are we awsting money paying for both??
have two policies running to pay off our morgage if one of us should pass away, would they both pay out or are we awsting money paying for both??
0
Comments
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Most people have more than one life assurance as you tend to have more than one financial need (most common being mortgage and family). Indeed, the most I have put in place for one couple was eight.
You can have as many as you need.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 -
Are these both Joint Life Policies or Single Life Policies?0
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