What Is Mortgage Insurance?

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Is Insurance?

A property in Singapore easily cost HALF a MILLION Dollars and is one of the largest ticket item we will purchase in our lifetime.

But if something unexpected happens and our loved ones have to bear the outstanding loan for the property? are the different types of Mortgage Insurance? Which gives us better coverage and our loved ones a peace of mind?

As part of our Financial Friday Series, here’s a sharing from our friend, Sherman Koh, an experienced financial consultant!

Enjoy!

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