i have been claiming on my mortgage insurance for the past e

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PostPosted: Tue May 01, 2007 11:13 pm   Post subject: i have been claiming on my mortgage insurance for the past e  

i have been claiming on my mortgage insurance for the past eight months, do i still need to make the insurance payments whilst claiming

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PostPosted: Wed May 02, 2007 1:13 am   Post subject:   

I'm not sure what "claiming on my mortgage insurance" means and how this would involve an 8 month period. The only "mortgage insurance' I know of is PMI... and that protects the loanee.

Do you mean your Home Owners insurance? If so, you only need to keep paying if you still want that type of coverage. If you stopped paying, the initial date of loss (of the claim) would still be covered but you'd not have any insurance coverage after the date you stopped paying.

I really have little idea what you mean, though.
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PostPosted: Sat May 05, 2007 12:07 am   Post subject:   

Ok so I am assuming you are either out on disability or unemployment and that you purchased some type of insurance with your mortage to protect you if you were to become disabled or unemployed that your mortgage company would be paid>???? Is this the case? I need some more info here.
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