The type of life insurance often used as mortgage insurance is:

A. decreasing term.

B. universal life.

C. whole life.

D. homeowners insurance.

Question

The type of life insurance often used as mortgage insurance is:

A. decreasing term.	

B. universal life.	

C. whole life.	

D. homeowners insurance.

anonymous · Answer

Life insurance is not "needed" for estate purposes. Life insurance is often used as an estate planning tool to increase the amount of money ...

anonymous · Answer

wait no...term life insurance is often used as mortgage insurance. It's usually a level premium, declining face value policy. ...