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Did You Know? - Vol. 12.4

By InsuranceHotline.com Team
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Did you know that mortgage insurance offered by the bank must be renewed with the mortgage?

It’s true. Upon renewing a mortgage, the mortgagee needs to re-apply and re-qualify for the bank’s mortgage insurance offering. Think about purchasing a 10-20 year term life insurance policy instead.

Click here to get a FREE life insurance quote.