what is foreclosure in lifeinsurance ?

Submitted by Jupiter on Wed, 01/14/2009 - 08:30

In life insurance context what is foreclosure ?

Posted: 14 Jan 2009 09:38 Post Subject:

In my opinion mortgage protection plans are quite closely linked with the life insurance that you have. Such plans do offer you coverage for such circumstances as may occur out of your unexpected death. This could be precaution that would make you happy to think that your family would be able to maintain their life style even when you're not there with them. It would certainly be a good way of making up for the income lost due to your death.

Once you have enough to feed for your past dues you could just check if you're capable enough to spend for the expenses associated with your foreclosure and attorney expenses. When you're sure of this the mortgage co. would acknowledge the payment that you've made and reactivate your mortgage. You may work hand in hand to bring out a mortgage plan with your mortgage co.

Posted: 09 May 2017 01:35 Post Subject: Foreclosure in life insurance

Explain the term foreclosure

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