Last Updated on November 14, 2018
Credit Insurance And Mortgage Insurance
Well, this is nothing but a voluntary insurance and there is no use in adding it to your expenses! A typical life insurance would be a better option for you!
However, keep in mind that by avoiding these unnecessary insurance policies, you won’t reduce any risk as it’s always possible that you experience a loss in any of all the mentioned categories. So, be smart to weight the risk by deciding what you need most and what you actually don’t!