How does one find out if there is Mortgage Life Insurance on a house?
Thanks.
Answers:
. this is the site i used and it was quick like less than 5 mins. The last thing I want to do is listen to elevator music while waiting for a salesman. Why would you waste your time on the phone calling around? the last time i needed quotes on insurance i used one of these comparison sites and it was great. So shop around and compare quotes which is easy on the net.No doubt the easiest way to get insurance quotes is on the web.
http://insurance.deal4-you.com
Good luck.
Call the mortgage company which has a lien on the house. The mortgage life insurance company should have them listed as a loss payee.
She can do a title search on the house if she does not know who the mortgage holder is.
She needs to ask 1. the mortgage company and 2. go through all his old cancelled checks to see what company he's been paying.
Mortgage life, you have to pay every year. If you stop paying, it cancels.
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