“My boyfriend and I are buying a house together. I recently heard about something called mortgage life insurance. What’s the difference between mortgage life insurance, and regular life insurance?” -Jennifer
Mortgage life is a subsidiary of credit score life. Credit life is insurance coverage, life insurance coverage, that is tied to a particular debt. It could possibly be a bank card, it could possibly be a automobile mortgage, or on this case, a mortgage. It’s life insurance coverage that pays off that debt if you happen to ought to die whereas it’s nonetheless owed.
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