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Does it make sense to buy life or disability insurance to cover my mortgage obligation?

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Does it make sense to buy life or disability insurance to cover my mortgage obligation?

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Most financial planners agree that it is wise to get additional life and/or disability insurance when you take on a mortgage. In the event of death, life insurance is used to pay off the mortgage in full. Disability insurance covers your mortgage payments if you become unable to work because of a disability caused by accident or illness.

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