Hi
I sold a house earlier this year against which I had taken out mortgage protection insurance. I have not yet cancelled this insurance, I was wondering whether I could just maintain it as separate life insurance as I do not currently have any (it is non-amortising / level term) - from other posts on AAM I believe the insurance may be separate to the mortgage ? Is this a sensible thing to even consider ?
I sold a house earlier this year against which I had taken out mortgage protection insurance. I have not yet cancelled this insurance, I was wondering whether I could just maintain it as separate life insurance as I do not currently have any (it is non-amortising / level term) - from other posts on AAM I believe the insurance may be separate to the mortgage ? Is this a sensible thing to even consider ?