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Nellie Said:

insurance company refuses to pay compensation?

We Answered:

There may be a wait period such as 30, 60, 90 days of consecutive illness before the policy will pay. Find out what your waiting period is.

Margaret Said:

Is a monthly premium of $113 for MPPI on a $937/mo mortgage reasonable?

We Answered:

If this is protecting your mortgate payment against layoffs or illness, then it's extremely high. You'd have to have a claim every 9 months to equal the mortgage premium. I've had mortgages continuously for over 30 years and have never had a claim.

If you're talking about PMI -- Private Mortgage Insurance, then it may be about right, depending upon the equity in your home and your credit rating.