Mortgage insurance worth it?

[JONOV]

The only time that makes any kind of sense is if you're an uninsurable risk from a life insurance perspective. One Radio financial talk show host (who normally recommends term policies) said that if you're not insurable, cobble together policies like that, etc...

[MikeJaquish]

Originally Posted by jerseygal4u

Um,no, payment will be $100/month. I got these notices after refinancing

I already have life insurance btw.

There are myriad scammers who scrape data off the Register of Deeds Office, and send out very official looking mailings, trying to sell bad products.
"Credit Life" is generally a terrible product and a real moneymaker for the mopes who are pushing it on people.