Mortgage Insurance – What you don’t know!
For most of us a mortgage is a very common theme in our lives and if you are one of those few that are mortgage free congratulations. It is also common practice for most people with a mortgage to have taken some sort of steps to insure the mortgage is paid of in case of death. Many of which are using the banks traditional mortgage insurance plan offered at time of home purchase or mortgage renewal. What most people aren’t aware of is how this coverage works and the risks associated with it. Lets start by looking at how...
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