Mortgage life and disability insurance premium costs
Mortgage life and disability insurance covers the cost of your remaining mortgage if you die or are incapacitated in different ways and can not work.
The two types of policies are:
* A decreasing premium is paid each month or year as the amount of the principle owed goes down.
* A steady premium throughout the life of the loan.
Most of these policies are sold through the mail, but your lender should be able to point you to some companies that provide this service.
