Who needs mortgage protection insurance?
Homeowners who may not be able to qualify for other types of disability or life insurance polices due to the nature of their occupation or the state of their health should consider buying mortgage protection insurance. If you feel that you are at high risk for losing your job, you should also consider coverage. Mortgage protection insurance also makes sense for people who don’t have emergency savings that they can use to make mortgage payments if they become temporarily disabled or unemployed. Benefits of mortgage protection insurance If you are a homeowner, you can often purchase mortgage protection insurance without a physical examination. If you’re in poor health and you don’t qualify for other types of life or disability insurance, then mortgage protection insurance may serve you quite well. Mortgage protection insurance is very easy to buy. If you decide that you want to buy a policy through the mail, make sure that you read all the fine print and that you check up on the insuranc
