My ex-wife and I are still named together on a mortgage. If I have been making payments alone for over 2 years, do I need her to be insured?
SimplyFinance Answers is a great place to start your research, but it is not a substitute for personalised, professional
advice. Please review our Terms of Use or Sign Up to ask a question or comment on an existing question. If you would
like to speak to an expert directly, use our Adviser Search to find an adviser in your area and contact them directly through SimplyFinance.
To save money, I have cancelled the insurance on the mortgage. I have paid for the house for over 2 years, since my ex-wife and I separated. She has been diagnosed with severe mental health problems and is also on a debt management scheme for her debts of over £10k (which she accrued after the split), while she also has no job and is living in a shelter. If I were to die, and there is no payment insurance, I think the bank would write off the debt for her, given her circumstances, while if anything happened to her, I would be in no different a financial situation than I am now. Do I really need mortgage insurance for both of us?
NickWaddington
1 year ago
anthonyherrold
answered 6 months ago
I want to share my testimony with everyone out there. The Priest gave me the possibility to start my new and happy life with Jane. The commitment and Marriage spells worked beyond my imagination. 10th of September will always be in my memory as the start of our new life. We had the most beautiful wedding and I was in the seventh heaven from happiness. I am sure that this feeling will be with us during our whole life and it will never leave us. We’ll remain grateful forever. Please my friends if you need the help of this man just contact him true email templeofpermanenthealing@gmail.com
Anthony
report abuse
Anthony