joint mortgage protection insurance
Joint mortgage protection insurance is a decreasing term life insurance policy that insures two people and provides coverage for the unpaid balance of a mortgage.
joint mortgage protection insurance
Joint mortgage protection insurance is a decreasing term life insurance policy that insures two people and provides coverage for the unpaid balance of a mortgage.
Additional Information
A joint mortgage protection insurance policy limit decreases monthly based on the remaining principal due on the mortgage. A joint mortgage protection insurance policy benefit is paid upon the first death, and the survivor usually has the right to apply for his or her own cash value policy without proof of insurability.
