In the event the borrower dies before paying off the mortgage, this term life insurance pays off the home mortgage balance. It is bought to protect the family from losing its home and is paid for by the borrower/mortgagor.
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In the event the borrower dies before paying off the mortgage, this term life insurance pays off the home mortgage balance. It is bought to protect the family from losing its home and is paid for by the borrower/mortgagor.
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