Six types of insurance you don't needIf you're considering an expensive policy, it's worth getting advice. Mortgage protection insuranceMortgage protection insurance is a similar product – insurance designed to cover your mortgage payments if you are out of work because of illness, disability or redundancy. But whether that was mortgage protection insurance or income protection would need to be determined in conjunction with an adviser. "As a result, you don't need to pay for the rental company's excess reduction policy if the excess is already covered by your travel insurance policy." In which case, your travel insurance policy wouldn't cover the excess if you ignored this condition."

Source: Stuff March 21, 2017 07:40 UTC