Sure, Mortgage Life Insurance is Important, But Why?
Know what mortgage life insurance is-insurance that pays off your home loan in the case of your death. Not to be morbid, but it is an issue that you should address if you are worried about your family’s security.
A lot of these types of policies decrease in term, that is the value of the policy goes down over time, assuming that the mortgage will also decrease.
Today, however, with so many people refinancing, it usually makes more sense to get mortgage life insurance that doesn’t go down. Today, you don’t really need a policy […]