What is mortgage life insurance?

Mortgage life insurance is insurance coverage that will pay off your mortgage in the event of death or disability. First Foundation offers mortgage life insurance to all borrowers, or even better, term life. ... more

This insurance would pay the balance owed on your mortgage home loan in the event of your death during the term of the mortgage. ... more

It is a type of insurance that will pay off your mortgage in the event of your death during the term of the loan. ... more