Hi,
I have a mortgage and pay for mortgage protection insurance.
I found out recently that my employers covers us with a ''Life Assurance'' that would pay out 4 times my salary in the event of my death. This would fully cover my mortgage balance and also leave a nice nest egg for my one dependent.
Does that mean I don't need to have separate mortgage protection?
Thanks in advance.
I have a mortgage and pay for mortgage protection insurance.
I found out recently that my employers covers us with a ''Life Assurance'' that would pay out 4 times my salary in the event of my death. This would fully cover my mortgage balance and also leave a nice nest egg for my one dependent.
Does that mean I don't need to have separate mortgage protection?
Thanks in advance.