Friday, December 07, 2007

Mortgage Life Insurance

Seriously, I haven't quite heard of this one before.

I know we can insure our own life, to provide comfort for our families, but mortgage life insurance is interesting. In basically pays off our home mortgages if we were to die unexpectedly. Purchased for fifteen, twenty, thirty or even longer, depending on the length of mortgage term, it matches our remaining mortgage balance or provide additional funds for the surviving families.

Detailed information on this policy and other various types of insurance can be viewed at where many trusted term life insurance companies work with.

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