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what insurances do i need ?

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Hi all
me and hubby are setting on a morgage (we dont have one at moment due to house been left to us) the morgage were taking is only £40000 my hubby is self employed and im a stay at home mum im taking some life assurance level term but should i take anything else ?

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  • Bella79
    Bella79 Posts: 1,197 Forumite
    Part of the Furniture 500 Posts Combo Breaker I've been Money Tipped!
    anyone ? should i take out morgage protection and can i do this if self employed ?
  • dunstonh
    dunstonh Posts: 119,753 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    should i take out morgage protection and can i do this if self employed ?
    You can if you want. Although I wouldnt. Permanent Health insurance is often the better option for self employed individuals.

    im taking some life assurance level term

    Why level term and not decreasing term? Is the mortgage interest only?
    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.
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