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Mortgage Insurance |
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Mortgage InsuranceInsurance written by a private mortgage insurance company (referred to as an 'PIC') protecting the mortgage lender against loss incurred by a mortgage default, thus enabling the lender to lend a higher percentage of the sale price. The Federal Government writes this form of insurance through the FHA and the VA.Mortgage Insurance Similar MatchesBank insurance fundBank insurance fundIn the US, a fund held by a section of the Federal Deposit Insurance Corporation as deposit insurance for banks excluding thrifts. Foreign Credit Insurance Association (FCIA)Foreign Credit Insurance Association (FCIA)A private consortium of US insurance companies that offers trade credit insurance to US exporters in conjunction with the US Export-Import Bank. Renewable term life insuranceRenewable term life insuranceA policy for a stated period that may be renewed if desired at the end of the term. Social security disability income insuranceSocial security disability income insuranceInsurance which provides income to disabled people incapacitated for one year or more. Benefits are payable up to the person's death. Payment protection insurancePayment protection insuranceA type of insurance that pays your loan for you if you become unable to work for an extended period of time, as a result of redundancy, accident, sickness or disability. Most non-mortgage PPI products are taken out for a length of time that corresponds to the life of the loan it is protecting. Further SuggestionsTerm life insurancegroup insurance holiday insurance Insurance agent Mortgage Life Insurance Life insurance in force Disability income insurance household insurance Replacement cost insurance Private Mortgage Insurance convertible term insurance umbrella personal liability insurance Bank Insurance Fund (BIF) Mortgage payment protection insurance (MPPI) deposit insurance legal expenses insurance single premium life insurance accident insurance Export credit insurance wedding insurance Single premium life insurance health insurance Deposit insurance Letting insurance Insurance premium |
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