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Sunday, February 24, 2008
Mortgage life insurance

In the event of death to the person who pays the mortgage of the house or property the problem could arise if there is no mortgage life insurance. What happens is that the bank will foreclose the property if the survivors failed to meet the monthly payments. However, if you have a mortgage life insurance, the outstanding balance is paid off should the borrower dies and the policy ends right there. This is one big peace of mind to relieve the grief after the loss. If you have not thought about it yet, visit www.wholesaleinsurance.net and get an instant comparative quote online.