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Irish Nationwide Help

tabatha · 2005-05-09 16:32:01

i was wondering if you could answer something for me. my mum and dad had a mortgage with Irish Nationwide. My dad passed away at the end of February just gone so the mortgage has just been paid off by the insurance. my mum didnt want this to happen as she wanted to still have an account with them so she was entitled to…

09-05-2005 4:32pm

#1

tabatha

Closed Accounts Posts: 1,078 ✭✭✭

Join Date: December 2004

Posts: 998

i was wondering if you could answer something for me. my mum and dad had a mortgage with Irish Nationwide. My dad passed away at the end of February just gone so the mortgage has just been paid off by the insurance. my mum didnt want this to happen as she wanted to still have an account with them so she was entitled to money from demutualisation from the sale of Irish Nationwide. She met the criteria for entitlement. Is there anything she can do?

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Comments

#2 10-05-2005 12:49pm

RainyDay

Closed Accounts Posts: 6,925 ✭✭✭

Join Date: May 2002

Posts: 6830

Sorry for your loss. Unfortunately, mortgage protection insurance is designed to automatically pay off any mortgage first and repay any surplus to the beneficiaries, so it did exactly what it was supposed to do in this case.

I don't think there is anything your mother could do now.

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