 gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 9776
Location: bloomfield, ct
40.01 Dollars($)
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 Posted: Mon Oct 05, 2009 8:22 am Post subject: |
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it is a wasteful way to spend good money. insurance which covers disability or death on a mortgage is far less valuable than the insurance one can obtain from a regular insurance agent for similar products. mortgage life insurance, for example, will have no beneficial effect on survivors in the event of the death of the insured; and there are commercial policies available from your local insurance agent that would far outstrip the offerings of the mortgage lenders.
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George M. Akerley
Loan Consultant
860-221-5044 |
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