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Mortgage Life Insurance Broker – Why You Need One

Insurance

Mortgage Life Insurance Broker – Why You Need One

Mortgage Life Insurance Broker – Why You Need One For those people who can’t afford the 20% down for their home, the lender will require you to carry mortgage life insurance to protect them in case you become unable to pay. For this situation, the mortgage life insurance is owned by the bank, not by you. You are paying for life insurance on your life for the benefit of the bank. It is not for your benefit when offered at the time of signing the final papers. When this time comes, there are a few pieces of information you should...

Life Insurance Or Mortgage Life Insurance?

Insurance

Life Insurance Or Mortgage Life Insurance?

Life Insurance Or Mortgage Life Insurance? Buying your house is a huge investment, and purchasers are finding that life insurance is a more flexible and less pricey alternative to the mortgage life insurance they buy from a bank. This makes life insurance another brick in the foundation of a good financial plan. What’s Wrong With Mortgage Life Insurance ? When people are in discussions with banks to finance their home they are asked if they want to have their home paid off if they die? Well who would say no to that? Unfortunately, people don’t look at other options that...