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  2. What happens to your mortgage after you die? - AOL

    www.aol.com/finance/what-happens-to-mortgage...

    Sources. Average US Mortgage Debt Increases to $244,498 in 2023, Experian.Accessed July 18, 2024. 2024 Wills and Estate Planning Study, Caring.Accessed July 18, 2024.

  3. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    The cost of homeowner's insurance often depends on what it would cost to replace the house and which additional endorsements or riders are attached to the policy. The insurance policy is a legal contract between the insurance carrier (insurance company) and the named insured(s). It is a contract of indemnity and will put the insured back to ...

  4. Title insurance - Wikipedia

    en.wikipedia.org/wiki/Title_insurance

    Where most insurance is a contract where the insurer indemnifies or guarantees another party against a possible specific type of loss (such as an accident or death) at a future date, title insurance generally insures against losses caused by title problems that have their source in past events. This often results in the curing of title defects ...

  5. Insurable interest - Wikipedia

    en.wikipedia.org/wiki/Insurable_interest

    In insurance practice, an insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous existence, without repairment or damage, of the insured object (or in the case of a person, their continued survival). An "interested person" has an insurable interest in something when loss of or damage to ...

  6. What happens to your medical debt after you die? - AOL

    www.aol.com/finance/what-happens-to-medical-debt...

    Like all debt, medical debt left behind after your death is paid by your estate. The debt goes to the person handling your estate — called an executor. The executor’s job is to manage the ...

  7. What are life insurance exclusions? - AOL

    www.aol.com/finance/life-insurance-exclusions...

    Knowing what your life insurance covers may be vital. After all, some types of life insurance are designed to cover you for your entire life — which means making premium payments for your entire ...

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