Browsing Archive: August, 2012
What is mortgage life insurance?Mortgage life insurance is a type of term life insurance that provides money for your surviving family members to pay off your home mortgage loan in case you die.Mortgage term life insurance can last for a period of 15, 20, 25, or 30 years. You choose a term for your life insurance to provide coverage for a period of time that matches your mortgage loan.If you die during the term of your mortgage life insurance policy your spouse (beneficiary) will receive the ... Continue reading ...