Mortgage insurance KBC/BOI

Johnc6

Registered User
Messages
43
Hi, our mortgage insurance policy with a third party still has KBC as assignee, we cannot get them off the policy. KBC say its BOI who needs to send Deed of release, insurance company say they require from KBC, BOI say they will become assignee soon but asked us for documentation, what happens to the policy if God forbid something happens, KBC gets the payout?? We are thinking of stopping the policy by ceasing payments as our last remaining option.
 
The policy is attached to a mortgage account and a property.
The KBC mortgage account will be linked to the new boi account.

So any payout will still go against the mortgage
 
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