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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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Mortgage insurance questions
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