Mortgages : Mortgage Insurance

Ok you have got your mortgage, you have search the whole market place and found the best deal you can.
Many people then go and get mortgage insurance with the first company they find or even from their mortgage lender.

Mortgage insurance is very important, but you can save considerable amounts of money if you shop around.

Mortgage insurance can be the difference between keeping a roof over your head or having your home repossessed. Mortgage insurance provides cover should you be unable to meet your mortgage payments due to involuntary redundancy or illness and usually lasts for a set period of time typically 12 months. When you are looking for mortgage insurance do not accept the first quote you are given, it pays to shop around. Insurance premiums can vary dramatically and the best cover is not always the most expensive. The Internet is a great place to do a search and compare prices.

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