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Home Ownership Made Easy
285 hits
Feb 16, 2004 11:59 pm |
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re: re: Mortgage Insurance Vs Life Insurance (Term) |
Michael Keong
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Angelo ,
I agree with you that a Permanent Life insurance or Universal Life Insurance takes precedence over mortgage insurance. The only added benefit that a mortgage insurance has is that the family you leave behind for an untimely death would not be burdened with a mortgage.The property becomes free and clear.
Michael.
> Angelo Cerase wrote: > Hi Cheryl, > >I am glad you brought up the point of having your own insurance compared to the bank's mortgage insurance. >
Private Reply to Michael Keong (new win) |
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