Who Needs Mortgage Protection?
|Who needs mortgage protection?|
If your mortgage is not protected, you will lose your home if a key breadwinner dies or becomes disabled.
Now, "protection" may not always mean having insurance.
It simply means that there must be ample resources - from somewhere - to ensure your mortgage will not go into default, or your home won't have to be sold.
What's the other main form of protection?
W E A L T H
Not very many mortgage borrowers fall into that category.
So, it might be easy to agree that every mortgage needs protection.