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The importance of mortgage redemption insurance

Article (news)

Moneymax.ph

<p>What happens to a home loan when the borrower suddenly dies or suffers a total permanent disability? Sasaluhin ba ng mga naiwan ang financial responsibility? Not really, especially kung meron kang mortgage redemption insurance or MRI. </p><p>Ano nga ba ang MRI, at bakit kailangang magkaroon nito ang isang home loan borrower? Learn how important it is in the next slides. </p><p><br/>For more finance tips, visit <a href="https://moneymax.ph/" target="_blank">Moneymax</a>.</p><div></div><div class="media-content"><div class="slider-for"><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/02/02/20220202-moneymax1.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/02/02/20220202-moneymax2.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/02/02/20220202-moneymax3.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/02/02/20220202-moneymax4.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/02/02/20220202-moneymax5.jpg"/></div><div><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/02/02/20220202-moneymax6.jpg"/></div></div><div class="media-content slider-desc"><div class="item-desc"><div><cite>Moneymax.ph</cite></div></div><div class="item-desc"><div><cite>Moneymax.ph</cite></div></div><div class="item-desc"><div><cite>Moneymax.ph</cite></div></div><div class="item-desc"><div><cite>Moneymax.ph</cite></div></div><div class="item-desc"><div><cite>Moneymax.ph</cite></div></div><div class="item-desc"><div><cite>Moneymax.ph</cite></div></div></div></div>

What happens to a home loan when the borrower suddenly dies or suffers a total permanent disability? Sasaluhin ba ng mga naiwan ang financial responsibility? Not really, especially kung meron kang mortgage redemption insurance or MRI. 