Creditor Life Insurance
Also referred to as mortgage critical illness insurance, mortgage disability insurance or mortgage life insurance, Creditor Life Insurance helps you prepare for the unexpected. This type of insurance can cover your mortgage payments or reduce or pay off your mortgage in the event of death, critical illness, disability or job loss. Creditor Life Insurance is typically offered to Borrowers whenever they take out a new mortgage.
About The Author
Don Scott
Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.
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