Life insurance/Assurance ISA's ?
Life insurance/Assurance ISA's ?
Author
Discussion

Ballistic Banana

Original Poster:

14,706 posts

297 months

Saturday 15th September 2007
quotequote all
Not sure this is teh right forum but guess it would get lost in the P and P and there are probably more finicial bods visiting this forum.


I need to get some Life cover for my mortgage as i dont have anything yikes atm.

Now I know i can get normal cover very cheap but dont get anything back at the end of it so would like
something where I do.


Does anyone recommend any company and is a Isa the way to go and will my Mortgage company recognise this as cover.

Cheers FAI

BB

Tiggsy

10,261 posts

282 months

Saturday 15th September 2007
quotequote all
Its unlikley your lender will give two hoots about your life cover - if your dead they just take your house anyway, so dont worry about them.

Just get online and use one of the many search sites to track down the cheapest quote for what you need - bit more info on your loan and we can help. Is it repayment, interest only?

Keep it simple, dont pay for "something back" at the end, just pay your life cover and save up elsewhere if you want to.


Simpo Two

92,948 posts

295 months

Saturday 15th September 2007
quotequote all
I'm no expert but I think the thing is 'term cover' - it just covers you for a period, then stops.