August 24, 2007, Newsletter Issue #66: Mortgage Life Insurance for Dual Income Households

Tip of the Week

If you live in a dual income household, chances are likely that you will both want to have insurance coverage. Many mortgage life insurance policies, which help your family pay off their mortgage should something happen to you, allow spouses to get a second policy of the same amount at half the monthly premium. So, if you and your spouse want a $100,000 policy each that usually costs $20 per month per person, you can receive both policies for $30 per month.

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