TermSure Advantage What is Individual Mortgage Life Insurance? What is Creditor Mortgage Life Insurance? Why TermSure? Our Products Start a new Quote Contact Information		What is Creditor Mortgage Life Insurance?     Mortgage lenders, such as Banks, Credit Unions and Trust Companies, offer Mortgage Life Insurance to ensure that the balance of the mortgage is paid directly to the lender in the event of the borrower's death. Funds at Death are credited to the mortgage balance. There are no named beneficiaries. Each Financial Institution offers its own Mortgage Life Insurance and it is not transferable to another lender.
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