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Mortgage protection insurance

Mortgage protection insurance

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by: N+T Active Indicator LED Icon 14 OP 
~ 10 years ago   May 16, '13 4:08pm  
I recently refinanced and almost every day in the mail I get
Offers for mortgage protection insurance. Do you have it? Is it worth it?
4951
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KTownTexican Active Indicator LED Icon 11
~ 10 years ago   May 16, '13 4:12pm  
what I have heard,, from my insurance guy,,, is DONT USE THOSE,,,, there are several catches which will violate the policy,,, plus they make you go and PAY for a physical,, etc...
 
if you are interested in them, you should go to a local insurance broker, they can help you with the fine print. 4951
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DavidWebb Active Indicator LED Icon 1
~ 10 years ago   May 16, '13 4:14pm  
I recently refinanced and almost every day in the mail I get
Offers for mortgage protection insurance. Do you have it? Is it worth it?
 
@N+T: No, it's not worth it at all........I had it before but I canceled.
4951
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KellyG Active Indicator LED Icon 3
~ 10 years ago   May 16, '13 5:56pm  
I recently refinanced and almost every day in the mail I get
Offers for mortgage protection insurance. Do you have it? Is it worth it?
 
@N+T:
 
Just get term life insurance. Anything else is just throwing your money away.
 
www.mymoneyblog.com/ why-you-shouldnt-buy -mortgage-protection -life-insurance 4951
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