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Payment Protection Insurance On Loan

Ozeire · 2010-10-21 09:53:40

Guys just a quick one . Most of you might already know this but I just found out . If your moving to Australia and still have a loan here to clear off which has PPI on it . Just know that you might as well cancel the Payment Protection Insurance on it as it won't cover you living in Australia. You can do this at any stage…

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21-10-2010 10:53am

#1

Ozeire

Registered Users Posts: 575 ✭✭✭

Join Date: January 2004

Posts: 487

Guys just a quick one .

Most of you might already know this but I just found out . If your moving to Australia and still have a loan here to clear off which has PPI on it . Just know that you might as well cancel the Payment Protection Insurance on it as it won't cover you living in Australia.

You can do this at any stage of a loan and you well get back the part of the PPI which hasn't been used .

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