I thought credit card companies were a determined bunch. But they don't hold a candle to the insurance salespeople who fill my mailbox with solicitations for mortgage protection insurance nearly every day.

The letter goes on to say that mortgage insurance can pay off my entire mortgage in the event that I die. And if we purchase a disability rider and my husband or I become "totally disabled," the policy will pay my monthly mortgage. But like many sales pitches, it fails to say how much a policy like this costs. I have some calls in and will update this post when I learn more.

I understand why we're receiving these notices. We just refinanced in December and I'm sure these solicitations go out to many new mortgage-holders. Plus there's the foreclosure crisis to capitalize on. I'm sure that some people who never would have considered mortgage insurance in the past might think it's a good idea.

But I stick these notices in the shredder. I have a long-term disability insurance policy, which would pay me a salary in the event that I can't work. We have life insurance in case one of us dies. Even if I was in the market for mortgage protection insurance, I certainly wouldn't buy from the company that sends me solicitations each day, trying to entice me with a free LED light pen.

Anyone out there want to change my mind about the benefits of mortgage protection insurance? Am I wrong to dismiss it as an unnecessary insurance policy, with the premiums better spent on shoring up that emergency savings account?