If you have a mortgage on a home $500,000 or more, mortgage life insurance may be an essential for your family. Someone who has just lost their spouse and is being faced with a large household income loss will probably have a very hard time making the big mortgage payments that can come with a $500,000 plus mortgage. Of course, mortgage life insurance can help any home owner, however, the larger your payments, the harder it will be for your spouse to afford on his or her own.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Ask a Question

Not finding the advice and tips you need on this Life Insurance Tip Site? Request a Tip Now!

Guru Spotlight

William Pirraglia

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!