No. I am not a “captive agent” who can only offer Life and Health Insurance from one company. I don’t believe that serves my clients very well as different companies offer different premiums for different clients. Having the ability to shop around lets me get my clients better rates!
I can’t really answer that without knowing more about you!
GENERALLY speaking: If you’re purchasing insurance to protect your mortgage and family you’re probably better buying term insurance because it’s cheaper and those needs should be temporary. See life insurance section for a more detailed explanation. Of course to fully answer this question we should sit down and discuss your insurance needs.
Probably not! (see section on mortgage insurance). Bottom line, Mortgage Insurance is usually significantly more expensive and has far fewer features than regular term life insurance. Your mortgage provider has done you a terrible dis-service if they didn't explain this to you, and told you how to cover your mortgage with Life Insurance.