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July 31, 2005
Mortgage Protection Term Insurance and Other Types of Term Life Insurance
The face amount under mortgage protection term insurance decreases over time, consistent with the projected annual decreases in the outstanding balance of a mortgage loan. Mortgage protection policies generally cover a range of mortgage repayment periods, e.g., 15, 20, 25 or 30 years. Although the death benefit decreases, the premium is usually level in amount. Further, the premium payment period
From Mortgage Protection Term Insurance and Other Types of Term Life Insurance
Posted by Perry at July 31, 2005 12:10 PM
