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Mr Blonde |
Is it a good idea to take out loan insurance? i've just been offered a homeowner loan with a company called First Plus and they have offered insurance as part of the deal to protect my repayments. Ive just been searching this type of insurance on the net and have found loads of sites slating it!! What should I do??? Posted 2 years ago #
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LikingCheap |
The thing about the insurance is that it is very expensive depending on the size of the loan and should only get it if you really think it is neccessary. There are lots of places to access whether this is a good idea or not. Posted 2 years ago #
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qsolice |
Dont care what anyone says, loan insurance is a good thing. Just make sure you read the small print before signing on the dotted line to make sure your covered under the circumstances that you need to be. And before you ask, no i dont sell this insurance for a living just have very good personal reasons to support it. Posted 2 years ago #
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Vinh Eusebios |
Call the bank and ask if you can cancel it. If you have coverage in case of illness or accident, you're probably good to go. Posted 1 year ago #
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Payday |
For me also, loan insurance is beneficial. Posted 3 months ago #
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Tags: loan insurance
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