We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
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
-
Yes.1
-
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
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.5K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.8K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards