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The Watercooler
Stressing a bit
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<blockquote data-quote="keista" data-source="post: 462233" data-attributes="member: 11965"><p>Someone else mentioned it, but you are NOT looking for PMI. PMI does not pay a death benefit, and is strictly for the lender's benefit if there is a foreclosure or short sale.</p><p></p><p>You are looking for a Mortgage Protection Life insurance policy (may have a different name to it) Not necessarily part of the mortgage itself. Would more likely be a separate policy but can be through the lender.</p><p></p><p>Keeping fingers crossed that this is what you have, because it sounds like what you wanted.</p></blockquote><p></p>
[QUOTE="keista, post: 462233, member: 11965"] Someone else mentioned it, but you are NOT looking for PMI. PMI does not pay a death benefit, and is strictly for the lender's benefit if there is a foreclosure or short sale. You are looking for a Mortgage Protection Life insurance policy (may have a different name to it) Not necessarily part of the mortgage itself. Would more likely be a separate policy but can be through the lender. Keeping fingers crossed that this is what you have, because it sounds like what you wanted. [/QUOTE]
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Stressing a bit
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