Protection Insurance Policies What if an alternate payer, such as my mortgage company, pays my premium? Your account bill reflects all payments made on your policies, including when an alternate payer such as your mortgage company, was billed and when Electric Insurance received a payment.In July of 1999, legislation became effective which requires mortgage insurance (MI) companies to terminate their borrower paid insurance...... Similar Editorial : Income Protection Insurance by Simon Burgess. | Source : Flood Insurance
