cavanlad1982
Registered User
- Messages
- 34
Hi,
I know a guy who has paid a deposit on a house but had serious heart trouble last month before he took out life insurance. It seems that he needs life insurance to get a mortgage so he stands to lose his deposit as he can't get life insurance at an affordable price. This is second hand info though so the facts may not be exactly correct.
This got me thinking about my own situation. I have a blood disorder called haemochromatosis. It is perfectly treatable though. I having treatment now to any trouble in later life. I am letting 4 units of blood to reduce my iron levels. This may be the last treatment I ever need.
I don't currently have life insurance - only VHI. My employer will pay out 3 times my annual salary to my next of kin if I die but that's about all I have. I am not currently looking to buy a house but will be in the near future. I plan on talking to a financial advisor this week and I'd like to know what the people on here thought about my situation? Should I have any trouble getting life insurance. Do I need it for a mortgage? I am nearly 24 by the way. Thanks.
I know a guy who has paid a deposit on a house but had serious heart trouble last month before he took out life insurance. It seems that he needs life insurance to get a mortgage so he stands to lose his deposit as he can't get life insurance at an affordable price. This is second hand info though so the facts may not be exactly correct.
This got me thinking about my own situation. I have a blood disorder called haemochromatosis. It is perfectly treatable though. I having treatment now to any trouble in later life. I am letting 4 units of blood to reduce my iron levels. This may be the last treatment I ever need.
I don't currently have life insurance - only VHI. My employer will pay out 3 times my annual salary to my next of kin if I die but that's about all I have. I am not currently looking to buy a house but will be in the near future. I plan on talking to a financial advisor this week and I'd like to know what the people on here thought about my situation? Should I have any trouble getting life insurance. Do I need it for a mortgage? I am nearly 24 by the way. Thanks.