Insurance

I hate my job!

I hate my job with a passion and really want to leave as soon as possible! I have mortgage protection insurance. If I am sacked will my mortage be paid? I know it will not be paid if I take voluntary redundancy.
I intend to work... just not where I am now!

Thanks in advance
Miss

MissTrery Tue 25/03/08 14:15

<< Previous

Next >>

Subscribe to question

Post an Answer

Zacsmaster
Tue 25/03/08
16:13

I would check your policy very carefully as quite a lot will only pay your mortgage after being unemployed for a number of months (usually 6) and for a fixed period only. Sometimes a maximum of 1 year.

Zacsmaster
Tue 25/03/08
16:15

Sorry meant to say..................
You should approach your mortgage vendor and try to arrange a 'holiday' period wherby they either significantly reduce your monthly payments or stop them altogether. You will need a very good reason for this and hateing / quiting your job might not be enough.

MissTrery
Tue 25/03/08
17:00

Question Author

Thanks. I was made redundant a few years ago and my mortgage would have been paid for 2 years. I found a job within two months so only needed to claim for 2 months. Would they pay out if I was sacked?

MissTrery
Tue 25/03/08
17:02

Question Author

.....6 months would be fine for me as I would not expect to be out of work for that long. I just can't stay here much longer it's driving me mad and that's no exaggeration!!!

tigersam258
Tue 25/03/08
17:05

Its no fun being in a job you cant stand. I left mine without another job to go to and luckily was only unemployed for one month. My mortgage company allowed me to have a payment holiday which helped matters no end. This is apparently included in many mortgage deals but is not advertised as much as the interest rate etc so it is well worth checking out with them

MissTrery
Tue 25/03/08
17:14

Question Author

you are so right... I am utterly miserable at the moment! It's the first time I have actually hated a job, not a nice feeling at all!
I'll have a word with my mortgage provider tomorrow.

bednobs
Tue 25/03/08
21:36

seriously, how do you expect anyone else to know what type of contract you have with the insurance co? Simply look at the documents! It's not hard is it?

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark

Most Recent

Most Recently Answered

All Unanswered

All Answered