| 单词 | mortgage insurance |
| 释义 | mortgage insurance in Insurance (mɔrgɪdʒ ɪnʃʊərəns) noun (Insurance: Commercial insurance) insurance , insurance , insurance Mortgage insurance is insurance that covers a person with a mortgage, and is intended to pay off the balance due on a mortgage if the insured dies or becomes disabled. SIMILAR WORDS: mortgage redemption insurance Family heads buy mortgage insurance for the specific purpose of paying off any mortgage balance outstanding at theirdeath. Private mortgage insurance protects the lender against the default of higher risk loans. Mortgage insurance is insurance that covers a person with a mortgage, and is intended to pay off thebalance due on a mortgage if the insured dies or becomes disabled. |
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