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I have read that there are insurance policies that will pay up to $2500 towards your mortgage if you lose your job. Has anybody had any experience with this type of insurance?

2007-01-25 13:43:57 · 4 answers · asked by Jon 2 in Business & Finance Insurance

4 answers

I have heard of disability coverage but not unemployment

2007-01-26 06:04:16 · answer #1 · answered by ricks 5 · 0 0

None, interior the US. Unemployment is barely "bought" by way of the state. it is via the fact there's a extensive undertaking with "destructive determination", like flood insurance - if the government did not rigidity ALL employers to purchase it for his or her workers, then people who DID purchase it, might have incentive to put in claims. Your ideal wager, is to not overextend, while procuring a house - do not purchase one, until/until you may positioned down 20%, and make valuable that the loan fee is under 40% of the two considered one of your earning.

2016-12-12 20:25:48 · answer #2 · answered by ? 4 · 0 0

Yes, try this company and contact. Hope this helps.

J.B. Lloyd & Associates, LLC.
5228 Village Creek Drive, Suite 101
Plano, TX. 75093-4431
Contact: Beth Boisseau
Cell: (972) 322-4650
Fax: (972) 248-7066

2007-01-25 14:34:52 · answer #3 · answered by citronge69 4 · 0 0

Never heard of it, sorry.

2007-01-25 13:54:11 · answer #4 · answered by Anonymous 7 · 1 1

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