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Life assurance mortgage
mikelab
Posts: 1 Newbie
Can you tell me what happens when the mortgage is paid can you continue with the life assurance
0
Comments
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Yes.1
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Is that right if the Insurance Policy is an Endowment? When the endowment pays its lump sum to clear the mortgage, can the life insurance element continue?Deleted_User said:Yes.The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.1 -
No. The life assurance element finishes when the policy does.tacpot12 said:
Is that right if the Insurance Policy is an Endowment? When the endowment pays its lump sum to clear the mortgage, can the life insurance element continue?Deleted_User said:Yes.0
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