Tuesday, March 2, 2010

Is Mortgage Life Insurance beneficial?

Mortgage life insurance is a type of insurance in which the policy holder is able to clear mortgage liabilities in the event of the untimely death of the insured. In such a case, death benefits are equivalent to the outstanding balance on the loan. Quite clearly, this security gives tremendous peace of mind that no matter what, despite the worst case scenario, your family will always have a home to live in.

read more