Mortgage Protection Insurance
We offer affordable insurance options that provide vital financial
security for your home and family in the event of an unfortunate tragedy.
Mortgage protection insurance is a form of term life insurance specifically designed to alleviate the financial burden of your mortgage in the event of your passing.
Similar to a typical term life policy, you acquire coverage for a specific duration, make regular monthly payments, and if you were to pass away during the policy's active period, your designated beneficiary receives funds to settle the outstanding mortgage balance.
This type of coverage provides reassurance that your family can continue residing in their home even if you are unable to contribute to mortgage payments.
Protect your most valuable asset
Ensure your loved ones never have to deal with the fear of losing their home
Provide financial security if the unthinkable happens
For homeowners, ensuring timely mortgage payments is of utmost importance. However, it's essential to consider the potential repercussions if unforeseen circumstances were to arise, such as premature death, disability, or critical illness leading to an abrupt loss of income.
While the future remains uncertain, you can proactively attain peace of mind through the safeguard of mortgage protection insurance. This invaluable coverage provides a sense of security, offering financial support to your loved ones in the face of unexpected events.
Provides a death benefit to pay off your mortgage in the event of your death
Pays your mortgage payments if you become disabled
Protects your mortgage payments in the event of critical illness
Provides benefits from a life insurance policy with generally affordable premiums
Achieves peace of mind for your home and family
Makes your premiums in case of job loss*
Money goes to your family
Pays your mortgage if you become sick or injured
Money your family receives is tax free
Is portable – new home? It travels with you
*Available in most states. Limitations may apply. Benefits and carriers will vary for coverages and are subject to underwriting approval, product limitations and availability.
Damage to your home in severe weather and water conditions
Theft of your belongings
Vandalism of your house and property
Fire damage to your home
Personal injury lawsuits if someone gets hurt on your property
In the majority of cases, yes, mortgage protection insurance has a remarkably high acceptance rate. This is primarily due to the availability of plans with simplified underwriting, which eliminates the need for a medical exam in order to qualify.
If you currently have a mortgage on your home or are in the process of securing one, it is advisable to give serious consideration to acquiring mortgage protection insurance.
Mortgage protection insurance is recognized as one of the most cost-effective insurance options available. It frequently proves to be a more affordable alternative than purchasing a separate whole life policy solely to cover mortgage payment obligations in the unfortunate event of your passing.
Kindly complete the brief form to enable us to offer you policy options that align perfectly with your coverage and financial requirements.