L
Lilysmammy
Guest
We are releasing equity from house. We have a existing mortage of €86,000 at a fixed rate of 5.1%( term ends March 2010) and we have applied for a additional €50000 over the same term on a variable rate of 3.6%. We are currently paying €13.62 per month for the orginal mortage and are awaiting a quote for the updated amount. We would like to get the basic cover Mortage Proctection.
i just have a few queries.
1. Is mortage protection enough for the bank or do they required life cover also?
2. How fast can we activate a policy?
3. My husband and I are in good health with no serious conditions, do we need a medical?
i just have a few queries.
1. Is mortage protection enough for the bank or do they required life cover also?
2. How fast can we activate a policy?
3. My husband and I are in good health with no serious conditions, do we need a medical?