Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Mortgage protection

  • 09-10-2016 1:42pm
    #1
    dar_cool
    Registered Users, Registered Users 2 Posts: 1,290 ✭✭✭


    Hi Guys,
    Just a quick question I have letter of offer from BOI and at the time talked to mortgage protection guy and decided to go with them. Was 51 Euro a month. Since then I have got a few quotes for way less for the same cover. I haven't drawn down on the mortgage yet, can I cancel the bank of Ireland mortgage protection that hasn't stared yet and take out the other policy ?
    Thanks in advance


Comments

  • #2
    micar
    Registered Users, Registered Users 2 Posts: 1,915 ✭✭✭micar


    Does the boi policy have life cover only?

    Did they include critical illness?

    You have a 30 day cooling off period


  • #3
    dar_cool
    Registered Users, Registered Users 2 Posts: 1,290 ✭✭✭dar_cool


    micar wrote: »
    Does the boi policy have life cover only?

    Did they include critical illness?

    You have a 30 day cooling off period

    Yes has critical illness cover. Oh OK thanks I didn't know about the 30 day cooling off period.
    Thanks for the help


  • #4
    micar
    Registered Users, Registered Users 2 Posts: 1,915 ✭✭✭micar


    The letter you got confirming cover should also state you have 30 days to change you mind.

    Are the quotes you are getting else where only life cover or do they include critical illness.

    Critical illness is very expensive. 2-3 times cost of life cover.


  • #5
    dar_cool
    Registered Users, Registered Users 2 Posts: 1,290 ✭✭✭dar_cool


    micar wrote: »
    The letter you got confirming cover should also state you have 30 days to change you mind.

    Are the quotes you are getting else where only life cover or do they include critical illness.

    Critical illness is very expensive. 2-3 times cost of life cover.
    The quotes I'm getting are for both. 53 Euro with boi and 21 with royal london


  • #6
    micar
    Registered Users, Registered Users 2 Posts: 1,915 ✭✭✭micar


    I'd re check the royal London quote...the premium is pretty low.... I think it might just be for life cover.


  • Advertisement
Advertisement