DOES PMI PAY OFF A MORTGAGE WHEN THE PERSON DIES

by danjo » Tue Nov 10, 2009 11:45 pm
Posts: 1
Joined: 10 Nov 2009

DOES PMI PAY OFF MORTGAGE NOTES WHEN THE PERSON DIES

Total Comments: 1

Posted: Wed Nov 11, 2009 12:35 am Post Subject:

NO PMI, PAYS OFF THE MORTAGE IF YOU DEFAULT!!! THEN THE PMI CARRIER WILL COME TO YOU (the debtor) TO PAY THEM BACK...(see how all caps is annoying? you may not know this but ALL CAPS in the enternet world means you are YELLING!).. :wink:

The coverage/policy you are thinking about that pays off a debt on the death of the debtor is called credit life. And IMO (unless you are uninsureable) is a total HUGE rip off..

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