Comments on: Mortgage Unemployment Insurance – A Good Buy?

By: Neal Frankle

Neal Frankle — Fri, 16 Sep 2011 18:22:04 +0000

Sadly….I don’t. Have you tried looking them up on Google?

By: TJ

TJ — Fri, 16 Sep 2011 17:14:02 +0000

Hello,

I am interested in purchasing this type of insurance but the bad part about it I am unable to locate companies and phone numbers that offer this service. Can you please provide companies and phone numbers?

By: neal

neal — Sun, 10 Oct 2010 05:57:23 +0000

Lorraine,

This is a very good question. I have no idea — probably best to inquire with insurance agent. Let us know if you find out please.

By: lorraine

lorraine — Sat, 09 Oct 2010 12:30:04 +0000

Hi, i am currently not named on my husbands mortgage. Would i have to be named before i can take out mortgage protection insurance?

By: Jennifer Barry

Jennifer Barry — Mon, 04 Oct 2010 16:38:07 +0000

Hi Neal, we don’t have this insurance because we don’t own a house. We decided to sell ours in 2006 and have been renting ever since.

Even if we did own one, we would probably skip it for 3 reasons. a) My husband’s software skills are in high demand. b) We have a very large savings cushion. c) Companies often put in loopholes to avoid paying out on policies so you have to read them very carefully. We were cheated on an extended warranty once.

@bankruptcy – You have a great point about systemic risk!