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Life insurance terminology shouldn't be confusing. Here is the definition of private mortgage insurance.
A type of insurance required by mortgage lenders when buying a home if the home buyer put down less than 20% of the home's value. The charges for this are included with the mortgage payment, and can be cancelled once the homebuyer has paid off the equivalent of 22% of the home's value (down payment plus principal).
Decreasing term life is referred to as mortgage insurance, but is not the same as private mortgage insurance.