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Mortgage Insurance

  • 26-04-2010 4:01pm
    #1
    Registered Users, Registered Users 2 Posts: 105 ✭✭


    I have a person who is going to be working part time for me .He intends to sign off for the days he is working.
    However he is also drawing his Mortgage Insurance for one year.
    How many hours may he work for us without losing his insurance payments.
    Is this being policed by Insurance Companies .I would love feedback on this as we only have part-time work for him and wouldn't like him to loose his insurance..
    Cheers.


Comments

  • Registered Users, Registered Users 2 Posts: 3,395 ✭✭✭phormium


    I would be fairly sure he will lose that insurance if he works any day at all. You must be out of work, not working part time. Insurance company will look for confirmation of signing on, wouldnt chance it if I was him


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