When you sign up for a bank mortgage, they will ask you if you want mortgage insurance or even require it. Before you sign, be warned that there are a number of issues with bank mortgage insurance such as higher rates, declining face values, and post-claim underwriting. Consult us for a second opinion and we can shop the market for you for a better product. Remember that the bank can require you to buy mortgage insurance but that cannot require you to buy their mortgage insurance.