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Response to mortgage protection policies

from Brian Mitchell (pridegreen@ntlworld.com)
I can't give an answer that covers everything, but I can provoke a debate that might help. There are people that monitor this site who are far more knowledgeable than me.

The answer to your basic question is (I think) that C & G will be after you once you have missed 3 consecutive payments.

Now, the other bit which is much more interesting. It seems to me that if you have a mortgage protection policy of any sort it is encumbent upon the insurer to ask the right questions at the time it is issued. If you had a contract for one year that was renewable it seems perfectly reasonable to me that you may have assumed that you were in permanent employment. After all, like me you are probably a normal working person without any legal expertise and you would have answered that question honestly and in good faith.

My initial reaction is that you should not give up on the insurance policy, don't cancel it yet, and read the replies that this posting will doubtless provoke. In the very unlikely event that no replies come, legal advice is a very serious option that you should consider.

I hope this helps in some small way and I wish you all the best of luck when it comes to sorting this out.

Brian.

(posted 7252 days ago)

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