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Free Resources: Insurance

Why You Don’t Want Mortgage Insurance through the Bank

The idea behind mortgage insurance is that if you become seriously ill or die before paying off the mortgage, the coverage will kick in and pay it off for you.

In this Marketplace investigation video, you'll see why you don't want mortgage insurance through the bank.

Watch the video to find out why two families, who bought the coverage and thought they were protected, had their claims denied when they became sick or died.

Posted on Aug 24, 2009. See other articles on Insurance.