What is Mortgage Protection Insurance?Homeowners are covered by mortgage protection insurance in the event they are unable to make mortgage payments as a result of a covered event, such as the death of the borrower or a loss of employment. On the borrower's behalf, it could settle the mortgage's outstanding balance or make recurring payments. To guard against the possibility of losing their house due to financial difficulties, it is crucial for homeowners with mortgages to carry mortgage protection insurance.
Please don't hesitate to contact us if you're a mortgaged homeowner interested in learning more about the choices for mortgage protection insurance to protect your house. |
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