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Mortgage protection - Year 1 offer and move?

ankles · 2009-10-05 20:31:43

I am currently shopping around for mortgage protection. I have had a few offers but some of them have been offering large discounts in year 1, say 70%. Question is, can I take these year 1 offers and then moving on after a year to get it again elsewhere? Providers have been coy about answering this!

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05-10-2009 9:31pm

#1

ankles

Registered Users Posts: 1,286 ✭✭✭

Join Date: November 2007

Posts: 1189

I am currently shopping around for mortgage protection. I have had a few offers but some of them have been offering large discounts in year 1, say 70%. Question is, can I take these year 1 offers and then moving on after a year to get it again elsewhere? Providers have been coy about answering this!

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#2 09-09-2010 11:26am
indenial

Registered Users Posts: 116 ✭✭

Join Date: October 2008

Posts: 102

I am looking for feedback on this question also if anyone has any thoughts?

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#3 10-09-2010 8:04pm
Pablo Sanchez

Closed Accounts Posts: 1,207 ✭✭✭

Join Date: May 2008

Posts: 1136

You can but its a dangerous game to play,every year older you get the more expensive the cover will be, if you stick with the cover you have it will probably work out better for you in the long run.

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