ºÝºÝߣshows by User: joejwhite / http://www.slideshare.net/images/logo.gif ºÝºÝߣshows by User: joejwhite / Mon, 09 Feb 2015 15:16:52 GMT ºÝºÝߣShare feed for ºÝºÝߣshows by User: joejwhite [Insurance] Mortgage Creditor vs. Term Life /slideshow/mortgage-creditor-vs-term-life-insurance/44463558 mortgagecreditorinsurancevs-150209151652-conversion-gate02
The general consensus is that term life insurance is a better option for the borrower than mortgage creditor insurance for several of the reasons. However, better coverage is only applicable when the term insurance is in force. On average, only about 20% of mortgage brokers’ clients actually take mortgage creditor insurance. Quite often, this is due to the borrower indicating that he or she currently has adequate insurance or that he or she feels that insurance is not required under his or her circumstances. Since the mortgage broker is not a licensed life insurance representative he or she cannot determine whether those statements are accurate.]]>
The general consensus is that term life insurance is a better option for the borrower than mortgage creditor insurance for several of the reasons. However, better coverage is only applicable when the term insurance is in force. On average, only about 20% of mortgage brokers’ clients actually take mortgage creditor insurance. Quite often, this is due to the borrower indicating that he or she currently has adequate insurance or that he or she feels that insurance is not required under his or her circumstances. Since the mortgage broker is not a licensed life insurance representative he or she cannot determine whether those statements are accurate.]]> Mon, 09 Feb 2015 15:16:52 GMT /slideshow/mortgage-creditor-vs-term-life-insurance/44463558 joejwhite@slideshare.net(joejwhite) [Insurance] Mortgage Creditor vs. Term Life joejwhite The general consensus is that term life insurance is a better option for the borrower than mortgage creditor insurance for several of the reasons. However, better coverage is only applicable when the term insurance is in force. On average, only about 20% of mortgage brokers’ clients actually take mortgage creditor insurance. Quite often, this is due to the borrower indicating that he or she currently has adequate insurance or that he or she feels that insurance is not required under his or her circumstances. Since the mortgage broker is not a licensed life insurance representative he or she cannot determine whether those statements are accurate. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/mortgagecreditorinsurancevs-150209151652-conversion-gate02-thumbnail.jpg?width=120&amp;height=120&amp;fit=bounds" /><br> The general consensus is that term life insurance is a better option for the borrower than mortgage creditor insurance for several of the reasons. However, better coverage is only applicable when the term insurance is in force. On average, only about 20% of mortgage brokers’ clients actually take mortgage creditor insurance. Quite often, this is due to the borrower indicating that he or she currently has adequate insurance or that he or she feels that insurance is not required under his or her circumstances. Since the mortgage broker is not a licensed life insurance representative he or she cannot determine whether those statements are accurate.
[Insurance] Mortgage Creditor vs. Term Life from Joseph White
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