In this episode, join us as we delve into the complexities of mortgage insurance with expert Gerald Bilker. Discover the differences between mortgage life insurance and mortgage default insurance, and why understanding these distinctions is crucial for homeowners. Gerald breaks down the specifics of how mortgage life insurance works, including its decreasing value relative to your mortgage balance, and provides insights into the pitfalls of post-claim underwriting. Plus, learn about the benefits of term life insurance as a smarter alternative for securing your family's financial future. Tune in to equip yourself with essential knowledge to navigate mortgage insurance confidently.