is it advisable to have insurance on the mortgage of a loan?

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PostPosted: Tue Oct 10, 2017 8:44 am   Post subject: is it advisable to have insurance on the mortgage of a loan?  

Hi,



Any thoughts on obtaining mortgage loan insurance? not property insurance, but insurance that would cover the balance of the loan in case you lose your life and you do not want your family to incur the expense burden.

Please help.



Thanks!



I didn't find the right solution from the Internet.



References:https://www.biggerpockets.com/forums/95/topics/491752-is-it -advisable-to-have-insurance-on-the-mortgage-of-a-loan



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