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Glossary   >   M   >   "Mortgage life insurance" Definition            Mortgage life insurance A life insurance policy which pays off the outstanding balance of a mortgage in the event of the death of the insured. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Mortgage life insurance - A life insurance policy which pays off the outstanding balance of a mortgage in the event of the death of the insured.