Should you get Mortgage Insurance or Term Life Insurance?


Ring Announcer: Tonight’s main event: The World Mortgage Protection Championship! Making his way to the ring, a true light-weight, known for being quick and easy Moooooorrrrtgage Insurance And his opponent, with a power-packed one-two combo of mortgage AND family protection Terrrrrrrrrm Life Insurance! Commentator Floyd: Well Dan What do you make of these two contenders? Commentator Dan: Stamina will be a factor Floyd Mortgage Insurance is only good for as long as you own your home But Term Life Insurance can keep going for up to 30 years Commentator Floyd: And lets talk about coverage consistency

Commentator Dan: Again, I gotta give the edge to Term Life Insurance because he’s got fixed premiums and his value never goes down Mortgage Insurance coverage actually decreases as you pay off your mortgage, which could be costly in later rounds Commentator Floyd: One last thing to note Dan You can't deny how quick he is, but Mortgage Insurance really only has one move – covering that mortgage While Term Life Insurance can help protect short and long term debt like a mortgage or even your child's education

Ring Announcer: Are you ready?! Learn about how Term Life Insurance can protect both your mortgage and your family at foresterscom

Source: Youtube


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