Mortgage Protection
The essential piece when you have a family and a mortgage
Mortgage protection insurance is designed to protect your home and equity in case of unexpected events such as death, sickness, or injury.
Here are some things to know about mortgage protection insurance:
What it covers
Pays for the Mortgage payments or pay the loan off completely
Covers Living Expenses
Medical Bills
Credit cards
Funeral expenses
Time off work
Moving expenses
And list goes on...
You get the point.
Types of Life Insurance Used
Term Life insurance is a type of life insurance that covers a specific period of time, typically 10, 20, or 30 years.
Whole Life insurance is a great product that offers lifetime coverage as long as you make the premium payments. It builds cash value over time.
Return of Premium (ROP) is a term life insurance policy that offers a unique feature. If the policyholder survives the 20 or 30-year term, the insurance carrier refunds the premium paid at the end of the term.
Indexed Universal Life (IUL) is a highly flexible form of permanent life insurance. It offers the potential to build cash value within the policy and may include Living Benefits features. IUL is considered one of the most versatile types of life insurance.
Your situation is UNIQUE, and we'll help you through it.
