Insurance Information : How Does Mortgage Insurance Work?
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Your video doesn't mention the difference between mortgage insurance and life insurance. I was told that life insurance is for a set amount of coverage (it holds its value), whereas mortgage insurance only pays off whatever's remaining for the mortgage. So if you take mortgage insurance and pass away 15 years into a 20 year mortgage, it would pay off the rest of the mortgage.
tanbrolo 2 months ago
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7777777drake 3 months ago