life insurance????

[eleanormiles]

Hello everyone.

just in the process of buying our first house and got everything sorted so far we think other than life and critical illness insurance covered. now as we are new to all this does anyone have any advice on what type to go for as in decreasing or level term also is the loan amount for the whole mortgage including all the interest or just for the mortgage amount so there is no interest?

also is it better to do a joint one or 2 single ones for me and her then if it's single ones do we do the full amount on each or half the mortgage amount each?

hope this makes sense to someone in the know out there as it's confusing the hell out of us.

 

[eleanormiles]

Hello everyone.

just in the process of buying our first house and got everything sorted so far we think other than life and critical illness insurance covered. now as we are new to all this does anyone have any advice on what type to go for as in decreasing or level term also is the loan amount for the whole mortgage including all the interest or just for the mortgage amount so there is no interest?

also is it better to do a joint one or 2 single ones for me and her then if it's single ones do we do the full amount on each or half the mortgage amount each?

hope this makes sense to someone in the know out there as it's confusing the hell out of us Visit our site.

many thanks for anyone with advice or info.