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)
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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