Home > Terms > English, UK (UE) > Mortgage insurance policy

Mortgage insurance policy

In life and health insurance, a policy covering a mortgagor with benefits intended to pay off the balance due on a mortgage upon the insured's death, or to meet the payments due on a mortgage in case of the insured's death or disability.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Insurance
  • Category: Life insurance
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Boat Category: General boating

The Falkirk Wheel

A large boat elevator in Falkirk, Scotland, that lifts boats 79 feet (24 meters) into the air in order to connect the Forth and Clyde Canal with the ...

Contributor

Featured blossaries

Morocco Travel Picks

Category: Travel   1 4 Terms

Exotic buildings in China

Category: Arts   1 4 Terms