Level term insurance

Mortgage Insurance – Reducing or Level Term?, GEN

Mortgage Insurance – Reducing or Level Term? Mortgage Insurance – Reducing or Level Term? You’ve brought the property. For all the promises and excitement, buying and owning a property brings with it a long term commitment and financial obligations. Just as you are aware that this is not a decision you can “cowboy” through by purchasing the property first and then figuring out how to pay for it later, the next 20 or 30 years of mortgage repayment cannot be left to chance. It’s time to think of insuring the most financially damaging risk in repaying the mortgage loan – the loss of life of the income earner. Yes, rising interest rates hurt but it’s a minor pain compared to the permanent...

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