Enjoying the ability to shop you Mortgage interest rate?

Having your own life insurance policy for your mortgage and declining the lender coverage gives you important options. The lender slips in a piece of paper with a few medical questions and you are covered, right? WRONG! They are covering themselves NOT YOU! I think this should be outlawed. The regulators are working in it. If you become sick or disabled and have your insurance owned by the lender, you may not qualify for coverage elsewhere. That means you won't be able to market shop for a lower rate, which is saving people a bundle these days. This is just 1 of many reasons to have your own coverage... the even sadder reality is your lender coverage could be costing you more that a personally owned policy in the first place. Don't let this be you, contact Harlow Financial for more information.