describe mortgage protection life insurance

A. and insurance that pays out when there is an accidental death or loss of functionality
B. a contract that helps pay for repair or replacement due to normal use once the object is outside the original coverage period
C. a contract between the lender and borrower which cancels all or part of a loan due to a significant event such as death, loss of job, disability
D. a type of insurance that pays off the balance of a mortgage in the event of the death of the mortgage holder

1 answer

D. a type of insurance that pays off the balance of a mortgage in the event of the death of the mortgage holder
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