It goes without saying that you require home owner’s coverage insurance if you own a property. HOC offers you financial protection against loss or harm to your home’s actual structure from natural catastrophes, fire, flooding, and plumbing issues. HOC is necessary if you financed your property.
Mortgage Payment Protection is life insurance that will assist you in meeting your monthly mortgage payments in the event of an illness, accident, or forced unemployment. It will also assist you in paying off your bond in the event of your death.
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