Making end-of-life plans, such as writing a will and purchasing life insurance, can relieve your family of logistical burdens and debt obligations when you die. Buying mortgage insurance is a way to get rid of the balance of the mortgage when you die, so your spouse, children, and other loved ones can live at home with one less bill to worry about.

Here, we discuss what mortgage insurance is, what it covers and how it compares to standard life coverage.

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