Return of Premium life insurance (sometimes abbreviated to just ROP Term or ROP Life Insurance) is term life insurance with an extra little feature. This additional feature is that at the end of the term of life insurance coverage if the insured is still living then the owner of the policy will get back all of the premiums […]

What is mortgage life insurance? First let’s determine what mortgage life insurance is not. Mortgage life insurance is not private mortgage insurance (PMI) which is required by your lender if you purchase a home and are unable to put down a down payment of 20% or greater of the home’s value. Private mortgage insurance is required […]