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Buying insurance before completion
wls52
Posts: 31 Forumite
We have finally exchanged today! Complete on the 6th of April.
We'd like to take out life insurance but everywhere I've read is to not do anything that might do a credit check before we have completed in case the lender does another search.
Could anyone advise if there is any risk to taking out life insurance before completion?
We'd like to take out life insurance but everywhere I've read is to not do anything that might do a credit check before we have completed in case the lender does another search.
Could anyone advise if there is any risk to taking out life insurance before completion?
0
Comments
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Life insurance doesnt involve any credit checks.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.2
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You might like to consider buildings insurance on the property.I am not a cat (But my friend is)0
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Life insurance is best put in place at completion anyway as you have picked up the risk to complete the purchase.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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