Dear all,
We recently have gone sale agreed on our "forever home" and naturally need mortgage protection insurance. My partner had a benign skin lesion removed recently which we naturally put on the form. We have now returned all doctors' reports documenting the benign nature, yet our application was referred to the reinsurers. The amount we are borrowing is substantial and I am the main earner with my partner contributing approx 8-10% of our earning potential/repayment potential. Our application has been with the reinsurers for just under 2 weeks awaiting a decision. We are naturally stressed and anxious as our closing date was today.
Can we be refused based on a proven benign condition on an applicant who is a minor contributor?
Any feedback would be welcome.
BW
A
PS I originally posted the same question in the " insurance not covered in other forums" forum.
We recently have gone sale agreed on our "forever home" and naturally need mortgage protection insurance. My partner had a benign skin lesion removed recently which we naturally put on the form. We have now returned all doctors' reports documenting the benign nature, yet our application was referred to the reinsurers. The amount we are borrowing is substantial and I am the main earner with my partner contributing approx 8-10% of our earning potential/repayment potential. Our application has been with the reinsurers for just under 2 weeks awaiting a decision. We are naturally stressed and anxious as our closing date was today.
Can we be refused based on a proven benign condition on an applicant who is a minor contributor?
Any feedback would be welcome.
BW
A
PS I originally posted the same question in the " insurance not covered in other forums" forum.