Owning your own home

You are reading a single comment by @Greenbank and its replies. Click here to read the full conversation.

•

allsop

Critical illness insurance on a mortgage? Good idea? (Well, yes, I guess it goes without saying that it's a good idea, if money were no object). Seems very spenny for the amount of cover provided? Don't think I'm being too tight here, but maybe!

•

Greenbank in reply to @allsop

It's usually a requirement from the mortgage company.

Mine is ~£80/month (Mrs GB's a bit more than that) and means the remaining mortgage is completely paid off should either of us get seriously ill.

•

allsop in reply to @Greenbank

Not on ours, apparently, but 'recommended'. I get why you might want it in place, but it seems eye wateringly expensive compared to other forms of insurance (ours is v similar to yours).

I guess I'll shop around and suck up whatever a reasonable cost seems to be.

About

Avatar for Greenbank @Greenbank started