Question by scorpio_queen_2003: Loan Insurance?
Is it possible to cancel my insurance with a loan( Lloyds tsb bank) the payments are higher than i expected.i am in a secure job within the council,and i get full sick pay.i don’t plan to leave in the next 5 years. is it safe to cancel my insurance?.
i have been in my job 3 years.the insurance payments on the loan are higher than i expected.
the insurance was voluntary,it was my choice to take it
Best answer:
Answer by katiesquilts
Call the bank and ask if you can cancel it. If you have coverage in case of illness or accident, you’re probably good to go.
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