First-timers Club
WHAT INSURANCE DO FIRST-TIME BUYERS NEED? | Advice for first-time buyers from a mortgage advisor
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In this week's episode, Megan is joined by Paul Demarco from ESPC Mortgages to discuss the insurance that first-time buyers should consider.
They cover everything from how to best prepare to make an offer to what happens once an offer is accepted.
Skip to the part most relevant to you:
0:00-0:35 Intro
0:35-2:40 Building & Contents insurance
2:40-3:45 Do you need life insurance when you buy a property?
3:45-4:53 How does life insurance work?
4:53-7:36 What is critical illness insurance?
7:36-10:03 What is income protection?
10:03-11:13 Why should you get this additional insurance?
11:13-12:32 Do you have to review insurance annually?
12:32-13:15 Paul's advice for first-time buyers
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