Mortgage Protection Insurance (MPI) - postal address used

W

Wes

Guest
When buying a new house, I need the MPI documents to be sent to my address and not the address of the house I'm buying.

If my existing/old address is the address I use when applying, does the insurance company end up applying the MPI to my old house which I don't want? or is MPI assigned to the individual and not the house?

Will it cause hassle at the bank if I go in with my old address on the MPI (I need to show proof of insurance before I draw down)?
 
The mortgage protection relates to your life and not the property, address won't matter, update it with them when you move in.
 
You must log in or register to reply here.
Back
Top