Medical Insurance

Will secondary private insurance pay deductible from the primary insurance?

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2010-09-28 17:27:38
2010-09-28 17:27:38

Some will. Check with the secondary insurer.

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No they are not or the death benefit would be taxable. Since you said mortgage insurance I am assuming that you mean PMI or Private mortage insurance and not mortgage life insurance. Yes, mortgage insurance is tax deductible as of 2007. You can see the amount of PMI paid for the year on the final escrow statement that your mortgage lender sends you in December or January.


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