Which is better: Term life or Mortgage Insurance?

Term Life or Mortgage Insurance which will you choose?

A new home for your family is considered to be your biggest purchase of your entire life. This big step in life also comes with a very big question attached “What’s the best way to protect your investment if you die?” There is a two part answer to this question. The first part being you need to insurance, but the bigger question is which type of insurance do you need? There is Mortgage Insurance or Term Life Insurance.

Understanding the differences between the two is very important but is overlooked sometimes.

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