Compare Mortgage Protection Quotes Before You Say Yes to the Bank
Youβve just had your mortgage approved, exciting times! But with that approval comes a legal requirement: you need mortgage protection.
If youβre like most people, your bank probably offered you a policy as part of the mortgage paperwork. It feels quick, easy, and part of the process, so many people just say yes. However, saying yes without comparing could mean youβre paying more than you need to, or missing out on better conditions elsewhere.
The important thing to know is this: youβre not tied to your bank for mortgage protection. Choosing a different provider wonβt affect your mortgage application, and it could save you money in the long run.