Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Mortgage Life Insurance and other Life Insurance topics.
Although all mortgage life insurance policies will require different information, there are three questions that most companies will ask when determining a policy:
- Amount of the home loan
- Borrower's age
- Tobacco use
These three questions will be used to determine if you can receive a mortgage life insurance policy and, if so, how much your monthly premiums will be.
Guru Spotlight |
Ray Lokar |