Wednesday, March 01, 2006

4.2m Mortgages with No Life Cover

no life cover mortgagesAn estimated 4.2 million people with mortgages do not have life insurance to cover an estimated £217 billion of debt according to Sainsbury's Bank.

They also found those with 42% of those with mortgages have not reviewed their life assurance to look for savings and could be wasting money

Both figures are quite scary

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