homeowners insurance: Pros and Cons of Mortgage Life Insurance
- 02/21/20 11:36 AM
Mortgage life insurance can protect your family from unmanageable debt in the event of your death. While it can be a godsend in certain instances, it also comes with some notable drawbacks that make it less valuable for certain people. Here are the pros and cons of mortgage life insurance, along with some tips for protecting your loved ones from unwieldy debt.
What Is it? Mortgage life insurance is essentially life insurance designed to protect your loved ones from unmanageable mortgage payments if you or the primary breadwinner is no longer around to provide income.
It works similarly to other kinds of term … (1 comments)
homeowners insurance: When Does Homeowners Insurance Cover Jewelry?
- 02/12/20 08:46 AM
Although a typical home insurance policy will not cover lost jewelry, it will usually cover jewelry that is damaged or stolen. Here’s some insight into some common coverage rules, along with some examples of where you are most likely to encounter policy limits.
What Kind of Coverage Should I Expect? While there are a variety of homeowner's insurance options on the market, most people have HO-3 plans. These insurance policies will usually cover jewelry for specific "perils" including: Hail and windstorms Lightning and fire Civil commotion and riots An explosion Damage related to aircraft Vehicular damage Vandalism Smoke damage Volcanic eruptions Freezing Weight … (0 comments)
Mortgage life insurance can protect your family from unmanageable debt in the event of your death. While it can be a godsend in certain instances, it also comes with some notable drawbacks that make it less valuable for certain people. Here are the pros and cons of mortgage life insurance, along with some tips for protecting your loved ones from unwieldy debt.
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