by Greg North | May 16, 2022 | Types of Insurance
What is Mortgage Protection Insurance? Mortgage protection insurance supports you in case you become involuntarily unemployed or are unable to work due to illness or disability. It is considered prudent to ensure that you can continue to meet your commitment and...
by Greg North | May 16, 2022 | Types of Insurance
What is Lender’s Mortgage Insurance (LMI)? LMI is often referred to as mortgage insurance. It is usually required by the lender where the borrower’s deposit is less than 20% of the purchase price of the property. LMI is paid for by the borrower, and...
