Life Mortgage Protection for friend in Oz?

Captain Christy

Registered User
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2
Have a friend who is now working down under and who is buying an investment property in Ireland. He is trying to get mortgage protection cover, as required by his lender, but he has been told he won't be able to get cover due to being resident full time down there.

Is this correct for all companies or does anyone know of an insurer who might offer him cover?
Thanks.
 
Correct. if he wants to take out cover he will have to take it out over there. If you want to take out a policy you have to be resident somewhere.
 
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