Q - Is it really neccesary to take insurance out for every bond?...

A - Just make sure you don't confuse life insurance with short term insurance.

www.treoc.com/rss/faq_rss.php?tr=55

What is private mortgage insurance?

What is private mortgage insurance? With PMI, you can get into the house you want without making a 20 percent down payment.

feeds.lendingtree.com/~r/BuyingAHome/~3/119407727/What-is-private-mortgage-insurance.aspx