Tuesday, November 26, 2013

What is the name of the insurance that I am wanting? and Joe Young's Car Insurance, 1925

What is the name of the insurance that I am wanting?



My husband and I are homeowners.
I am wanting to purchase the type of insurance that - in the event that one of us dies - the insurance will PAY OFF our mortgage. What is this insurance called?


insurance best answer:

Answer by Caveat Emptor
Life insurance. There are also restricted forms of term life insurance called "mortgage life insurance" that do specifically what you ask, but you're better off getting standard life policies.


insurance

Joe Young's Car Insurance, 1925
insurance

Image by kahala
Fall 2008. Found in Miss Millen's Bible, which was found in my grandparents' library. (Judging By His Books)



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