I have life cover on a 15yr €150K mortgage that costs me approx €35 p/m.
Approximately 6 weeks ago I was diagnosed with kidney cancer. I am in my early 40s. Good news is that it was caught early and I am now waiting for an appointment for surgery. No other follow up treatment is expected apart from monitoring. Prognosis would be considered very good.
I know that I need to inform my insurer as my life cover protecting my mortgage will need to be adjusted based on this change in situation.
I don't know what to expect here.
Thanks!
Approximately 6 weeks ago I was diagnosed with kidney cancer. I am in my early 40s. Good news is that it was caught early and I am now waiting for an appointment for surgery. No other follow up treatment is expected apart from monitoring. Prognosis would be considered very good.
I know that I need to inform my insurer as my life cover protecting my mortgage will need to be adjusted based on this change in situation.
I don't know what to expect here.
- When should I inform my provider? After surgery? (I'm still absorbing the news myself.)
- Should I expect my monthly premium to increase significantly?
- Will it affect my ability to secure a future mortgage and/or life cover if we want to upgrade?
Thanks!