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Same: UK too and employer provides life insurance. But when I bought a house, I was advised to get insurance cover specifically for the amount of debt remainin
by alistairjcbrown 13y ago
Same: UK too and employer provides life insurance.
But when I bought a house, I was advised to get insurance cover specifically for the amount of debt remaining on the house; the policy lasts the length of the mortgage and pays out whatever is debt is outstanding.
- arethuza 13y agoYeah - there are a lot of different kinds of life insurance available - paying lump sums or income, increasing/decreasing at specified rates, linked to mortgages etc, individual or joint cover etc.