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Mortgage InsuranceThis is a discussion on Mortgage Insurance within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; The mortgage insurance is a special type of insurance policy and is gaining huge popularity in the Indian mortgage industry. ... |
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09-08-2010, 08:37 AM
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Mortgage Insurance
The mortgage insurance is a special type of insurance policy and is gaining huge popularity in the Indian mortgage industry. The mortgage insurance is a special type of insurance policy that guarantees repayment of a mortgage loan in the event of death or disability of the person who borrowed the mortgage. The tenure of payment of such mortgage insurance is usually of 12 months and in some cases it goes higher up. Furthermore, the lender can also protect his loaned capital through these special type of insurance instrument. This type of specialized mortgage life insurance products are of two types, viz
Private Mortgage Insurance Mortgage Insurance Premium
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morgage advice 
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