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Mortgage insurance questions |
| Date Added: August 18, 2008 10:32:39 PM |
| Author: |
| Category: Insurance: Mortgage insurance |
What questions should you ask your mortgage insurance provider:
- Is mppi automatically added to my mortgage?
- What is the premium for mppi?
- What is the deferment period?
- How long will you pay the mortgage instalments?
- What are the exclusion clauses?
- Can I read the full policy and keyfacts?
- What is the cancellation period?
- What is the refund policy?
- Can I pay the premium by monthly direct debit?
- What period in years does the mppi apply for?
- If I fully pay up my mortgage will the mppi terminate as well?
- What is your complaints procedure?
Article reference 151.
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