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Compulsory building and contents insurance


Compulsory building and contents insurance. Some home lenders have in recent years enticed customers with competitive fixed rate or low start deals. These deals are often sold on the condition that the lender takes out the home lenders own insurance policy. In that way lenders can profit from the insurance business as a compensation for offering what may have been a cheap mortgage deal.

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2009-02-17 00:00:00 © Moneyextra.com