4 ms·
Is requiring life insurance something that is common for buying a house? As someone who just bought a house I was never asked if I have life insurance.
by 0xbeefbeefbeef 5y ago
Is requiring life insurance something that is common for buying a house? As someone who just bought a house I was never asked if I have life insurance.
- ptha 5y agoI'm from Ireland, and it was required for me to get a mortgage in order to buy an apartment. It's basically mortgage protection insurance - This is a particular type of life assurance taken out for the term of the mortgage and designed to pay it off on the death of the borrower or joint borrower https://www.citizensinformation.ie/en/housing/owning_a_home/buying_a_home/mortgage_protection.html#le8d6e https://www.citizensinformation.ie/en/housing/owning_a_home/...