|
Instead of mortgage insurance for the home, this is a term policy that will not loose value and the money you paid in will not go away when you sell your home like a typical mortgage insurance.
With a typical mortgage insurance the mortgage gets paid off when you die. Let's say you have a $300,000 mortgage but when you die you only owe $250,000. The insurance will pay off the $250,000. With term life insurance your beneficiary will receive the money and have the option to pay it off or not and will get the full $300,000. Not just what you owe. Doesn't that sound better. My husband and I have term life insurance with D.J. Corrigan and I highly recommend him. He only uses the best companies and no one has been able to beat the rate I pay. Click on the link below to get a mortgage quote:
<a href="http://www.vtastore.com/referral/?Ref=488001" target="_blank"><img src="http://www.vtastore.com/referral/houseicon.gif" border=0></a>
|