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Mortgage payment protection

Please help…
I’ve been offered payment protection with my mortgage. I would like to take it as I’m unsure I’ll still have a job at the end of the year as the company I work for are looking for a buyer and are re-assessing the situation at the end of December ( nothing has been said about site closure and redundancies ) Would I still be ok taking it??

Is there anyway they can find out about the company looking for buyers?

I don’t want to pay for the policy and not be able to claim at the end of the year.

Thanks
Richy

Comments

  • dunstonh
    dunstonh Posts: 119,818 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Would I still be ok taking it??

    depends on the provider and policy. These policies are not all the same.
    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.
  • richypat07
    richypat07 Posts: 12 Forumite
    Its with norwich union
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