Please help me! “Accident” Mortgage Loan Insurance?
Where I can find mortgage Insurance? Thanks
Mortgage insurance is not the way forward, as it costs a lot. For me, the best plan / is a whole life insurance. Amount of the policy was the same as what you owe on the mortgage. When I die, my mortgage balance is lower and life insurance above what is owed on the mortgage. If you’re sure to be more than a whole life insurance, the nominal value is equal to or more than what your mortgage balance is. If you have no life insurance payment.
be (continued) higher because of their age. This attention of the young! Get a life insurance policy with a face value than what you anticipate will be your debt, especially mortgage debt.
August 24th, 2010 at 6:53 pm
Barry gave a better answer than me, hehe.
August 24th, 2010 at 8:06 pm
I’m sure you can contact your lender, do you like this kind of information.