So you’ve just bought a house! Congratulations. This is an exciting time in your life, and it is important to ensure you protect this big purchase. But what kind of protection do you need? Mortgage insurance is easy, convenient, and covers you for just the right amount. Life insurance offers many options for you to consider. I find many people don’t know the differences between mortgage insurance and term or permanent life insurance. Let me break down some key differences for you. Payout With insurance you get from your bank/mortgage company, the amount of coverage and subsequent payout if/when you…
