Have you ever asked yourself what the difference is between mortgage insurance and life insurance? Let me tell you, the differences are great and they are something you need to know about.
How does this scenario sound? You have been paying for mortgage insurance through your bank for many years, only to face a life altering change and find out that the bank denied your claim! Unfortunately, this happens more than you would care to think.
Here is a great write-up on the important differences you need to make yourself aware of when it comes choosing between mortgage insurance and life insurance.
See the article here: Mortgage Insurance versus Life Insurance