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How long does my Mortgage Life Insurance policy need to last for? |
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For mortgage
protection purposes you need to be insured for the same period of time as the term
of your mortgage. The initial sum insured will match the capital sum you owe on your
mortgage.
All returns from life insurance policies are tax-free. IMPORTANT. If you want insurance cover to pay off your mortgage in total if you became critically
ill, you need Critical Illness Insurance. |
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Please Note:
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