Insurance to pay mortgage if you get laid off?

Insurance to pay mortgage if you get laid off?

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Subject Author Date
Insurance to pay mortgage if you get laid off? sinister.genius 11-27-2006
Hi I just got a house and a 30 year mortgage. I have been inundated by
advertisements in the mail from insurance companies looking to sell me
a policy that will pay my mortgage for 6 months if I get fired. This
actually sounds like a good idea to me but I have never heard of these
companies and they sound shady, like they will find some reason no to
pay me if I did get fired. Is this kind of insurance legit? Are there
legit companies selling it? Thanks.



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Government National Mortgage Association - Ginnie Mae
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