Mortgage Protection Insurance Offers Limited Benefits - 0 views
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rohith roy on 31 Oct 08Mortgage protection insurance is as simple as this - you pay a non-changing premium for the duration of your life insurance policy, and if you die, the insurance pays off the rest of your mortgage. The lender becomes the beneficiary if and only if the loan gets defaulted from the borrower who is paying for coverage. Now the question is, is mortgage protection insurance for you?