March 26, 2010, Newsletter Issue #9: Exclusions

Tip of the Week

Mortgage Protection Insurance Costs are not as easy to adjust as the costs of other insurance policies. There are no deductibles to raise, no limits to lower, and no coinsurance costs to consider. If your Mortgage Protection Insurance Costs are high due to a hobby or occupation that you take part in, then one way to lower them is to allow any death caused by participation in that hobby or work to be excluded from receiving benefits.

This is not a good option for everyone looking for insurance. Excluding an activity that has a high likelihood of resulting in death could put your family in a dangerous financial position. But if you have other ways to cover a death during this activity, like with an accidental death policy, a small non-medically underwritten policy, or a group policy through work, then it could be a good alternative.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Exclusive Sponsor

TermAdvantage.com shops over 2,000 mortgage insurance companies, so you can protect your home & family for LESS. Since every company has a different underwriting niche, we have to ask you FIVE questions to make sure that we put you with the BEST-PRICED company for your specific health situation. Since all of the Web sites out there just CAN NOT & DO NOT give EXACT quotes, please call 888-360-TERM to receive an EXACT quote, and find out who's the BEST-PRICED company for you.

Not finding the advice and tips you need on this Mortgage Protection Insurance Tip Site? Request a Tip Now!


Guru Spotlight
Candi Wingate