High Ratio Mortgage Insurance protects the lender against payment default by the home buyer. It is required by most lenders if the home buyer has less than 20% downpayment. An insurance premium will apply. Mortgage Life Insurance protects your dependents and loved ones in the event of your death.
![](/wp-content/uploads/2023/11/mortgage-blog-1500.jpg)
![](/wp-content/uploads/2023/11/mortgage-blog-1000.jpg)