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 WTA UOB bank Morgate insurance policy, House mortgage basic insurance

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mini orchard
post Nov 10 2021, 07:44 PM

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QUOTE(drick.gan @ Nov 10 2021, 05:50 PM)
hi guy,

Would like to ask anyone knew that the UOB bank require mortgage loan owner to purchase the houseowner insurance policy over the basic fire insurance policy? :confused:  :confused:

Recently i have been inform by the UOB branch in-charge person to purchase a new houseowner insurance as its compulsory.  bangwall.gif  but every year loan i also purchase the basic house fire insurance.

anyone have experience about this and where can we complain this matter ya? mad.gif
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What is the difference on premium ?

Each bank have their own guideline. Mine have to include RSMD.

 

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