Where can I buy loan repayment insurance ?
You're likely to be offered loan repayment insurance by the company when you take
out a loan or credit agreement, but you don't have
to buy it from them, and in a large number of cases
will end up overpaying if you do. You can buy it
yourself separately, as a stand alone loan repayment insurance
from insurance brokers and websites on the internet.
Shop around to get the best deal for you.
Loan repayment insurance is useful, but you may not
always be able to claim on it when you need to due
to certain restrictions and exclusions, but theses
should always be noted in the policy documents.
