Pro and con of credit go insurance on mortgage?

Answers:
Pro: It protects the lender in suitcase something happens to you.
Con: It protects the lender surrounded by case something happen to you.

It does very little for you as a borrower. Most borrowers who purchase it don't really read what they are buying, or what it does. If you feel similar to your family requests some sort of protection from something catastrophic, then buy a occupancy life policy.

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It's expensive, and does nil to help the being paying for it.

Define the goal first, consequently start shopping around for the product that BEST meets that purpose at the lowest cost.

I've never met ANYONE who's main hope was protecting the lender first, until that time themselves.

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It tends to be expensive. You can find better rates if you explore elsewhere - especially if you are in pious health.

It may also not do what YOU want. It pays sour the lender. If you have a kith and kin, you may want them taken care of first.

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