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Does homeowners insurance pay off your mortgage if one of the homeowners dies?

No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.


Can your employer require you to purchase life insurance?

If your employer require you to purchase life insurance and you are share a part of the total premia, please bear in mind that the ultimate purpose is the benefit of the employee. So the good intention has to be supported with equal contribution.


Can you use money from term life policy to purchase a home?

Yes, if you are the beneficiary, you can use the life insurance benefit for any purpose.


How does free auto insurance benefit people?

Unfortunately, there is no free car insurance. Although, one can purchase auto insurance at a cheap price. Auto insurance is used in case of an accident. It helps pay for the damage done to the vehicle and/or the person(s) in the vehicle.


What's the benefit of discount travel insurance?

The benefit of the discount variety of travel insurance is, as suggested by its name, the opportunity to save money. The benefit of travel insurance is for the safety of oneself and his or her possessions.


What factors cause persons to be uninsured?

workers do not have health insurance because they cannot afford it.employment by small firms that do not offer health insurance as a benefit,and a tendency to change employers every few years.cannot purchase private insurance at affordable rates.


When was Mutual Benefit Life Insurance Company created?

Mutual Benefit Life Insurance Company was created in 1845.


What is a unit of life insurance for pricing?

What is a unit?A unit of coverage corresponds to the life insurance benefit amount you can purchase, and it depends on age, gender and state. Please visit the Guaranteed Acceptance Life quote page to see benefit amounts and premiums available to you for up to 8 units of coverage.


What are the benefits of group health insurance?

One of the biggest benefits of group health insurance is that as a group, usually an employer, you can get insurance at a cheaper rate per person then you otherwise could purchase separately. It also allows for a better benefit package all around.


What is the difference between prepaid insurance and insurance expense?

When payment for insurance is made advance of actual expenses then it is called prepaid insurance which is asset for business until insurance benefit is utilized while insurance expense is actual insurance expense when insurance benefit is taken.


Do jobs offer pet insurance as a benefit to employees?

Yes, some employers offer pet insurance as a benefit to employees.


Where can one find life and critical illness insurance?

Many companies sell life and critical illness insurance. Employers often offer this type of insurance as a benefit, and it is frequently cheaper to buy it from one's employer. Otherwise, one can purchase this type of insurance from MetLife, Prudential, or any number of other insurance providers.