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Loan insurance
wanoennogs
Posts: 14
Forumite
in Loans
I have taken a loan with HSBC. I want to take out insurance on the loan in case I get critically ill or I am made redundant. So far I have been dealing with the call center. They don't seem to understand what I am asking when I say I want insurance on the loan. Am I better to go into a HSBC branch or look online for insurance?
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Comments
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TBH. Given the whole PPI situation. Not sure banks will do it.
https://www.gocompare.com/loan-protection/
Life in the slow lane1 -
You can buy stand alone Critical Illness cover, Permanent Health Insurance or ASU. I don't think any lender sells cover specifically linked to a their particularl loan nowadays. ( Following the PPI "scandal")0
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Thank you for your replies.
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