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Mortgage life insurance |
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Mortgage Life InsuranceA term life insurance policy for theamount of the declining balance of a loan secured by a mortgage or deed of trust. The beneficiary under the policy is the mortgagee. In the event of death (some policies also cover disability) of the insured (mortgagor), the mortgage is paid in full.Mortgage life insuranceA life insurance policy which pays off the outstanding balance of a mortgage in the event of the death of the insured.Similar MatchesBuildings insuranceBuildings insuranceBuildings insurance is designed to give you financial protection for the basic structure of your home, such as the walls, roof and foundations. This usually includes any external parts of the property such as your shed, garage, conservatory or greenhouse. Multiple peril insuranceMultiple peril insuranceinsurance policy which covers a wide variety of property damage. Disability insuranceDisability insuranceAn insurance policy which covers an individual's ability to produce income. 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. Disability income insuranceDisability income insuranceAn insurance policy that insures a worker in the event of an occupational mishap resulting in disability. Insurance benefits compensate the injured worker for lost pay. Further SuggestionsMunicipal bond insurancefirst death insurance private medical insurance Bank Insurance Fund (BIF) major medical expenses insurance Savings Association Insurance Fund (SAIF) uninsured motorist insurance Cost, insurance, freight wedding insurance insurance policy Private Mortgage Insurance (PMI) sickness insurance National Insurance Pension (State Pension) Uninsured motorist insurance Title insurance Guaranteed insurance contract Replacement cost insurance personal accident insurance Insurance Foreign Credit Insurance Association (FCIA) Insurance settlement holiday insurance Letting insurance Named perils insurance Annual renewable term insurance |
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