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Will your mortgage lender accept a Life Insurance policy bought online?
Yes they will.
Hot Topics
- Why should you have Mortgage Payment Protection Insurance?
- Your home is at risk if you fail to keep up the repayment of loans secured against it.
- Are There Any Situations That Would Result In My Claim Being Refused?
- Yes there are the usual exclusions. These are summarised below but you should carefully read the paperwork that comes with your insurance documents.
- Is Mortgage Payment Protection Insurance the same as a Mortgage Insurance Guarantee?
- No. Mortgage Payment Protection Insurance is totally different to a Mortgage Insurance Guarantee.
- How much should you insure for?
- The rate you pay is charged per Ł100 of income you need. So, you should insure for the next Ł100 above the cost of your monthly mortgage repayment.
Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -
- Will you have to pay a fee to your mortgage lender if you don’t buy your Life Insurance through them?
- What happens if you urgently need Life Insurance in order to complete your house purchase?
- What causes delay and can delays be reduced?
- Once you’ve got your quote, what’s the next step?
- Do I need mortgage payment protection insurance ?
- Go to menu of Frequently asked Questions about Mortgage Life Insurance