Twice in the last month our bank has sent us a letter offering us a deal on life insurance. It’s life insurance that’s tied in with our mortgage.
I don’t know why, but it seems strange to get a life insurance quote from your bank. Especially one that will end up raising our mortgage payments!
What do you think? Does this just seem like a bank gimmick? Yes, I’m sure all the banks are doing it. Have you purchased extra life insurance through your bank as part of your mortgage package?
It just seems wrong to me to buy insurance from my bank. Perhaps I’m just being traditional in thinking that we should get our insurance from companies that specialize in life insurance.