My wife and I currently have life insurance policies of €185k against each of our lives. This was taken out when we took out our mortgage 20 years ago. The policy pays the mortgage off is one of us dies and the remaining amount goes to the surviving partner.
Our mortgage is finished in September and therefore the policies will expire. Can I now get a new policy (or extend the existing one? I have twice been diagnosed and survived cancer during the past 5 years and worry that I will be too high a risk for cover.
Please advise.
Regards, Chris
Our mortgage is finished in September and therefore the policies will expire. Can I now get a new policy (or extend the existing one? I have twice been diagnosed and survived cancer during the past 5 years and worry that I will be too high a risk for cover.
Please advise.
Regards, Chris