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Mortgage Life Insurance With Critical Illness
Donna Said:
what insurance do i need?We Answered:
I can't answer for the UK, but in the US your mortgage company only requires that you have Homeowners insurance to protect their investment. You don't have to have life insurance, although it is a good idea, and you certainly don't have to have critical illness insurance. Why don't you just call the mortgage company and ask them what is required? Then you will know for sure.