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Joint mortgage insurance

  • 02-04-2013 2:18pm
    #1
    slaney2013
    Registered Users, Registered Users 2 Posts: 1 ✭


    Hi just wondering is it possible to take out a joint mortgage protection insurance if the mortgage only on 1 name? And if so will it effect the mortgage ? We want to keep mortgage in just one name.


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,856 Mod ✭✭✭✭Henry Ford III


    It's pretty simple in theory, but I'd be concerned about insurable interest.


  • #3
    killers1
    Registered Users, Registered Users 2 Posts: 1,443 ✭✭✭killers1


    slaney2013 wrote: »
    Hi just wondering is it possible to take out a joint mortgage protection insurance if the mortgage only on 1 name? And if so will it effect the mortgage ? We want to keep mortgage in just one name.

    Just take out a separate one each.


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