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Mortgage Protection Insurance
Taking out a mortgage
can be a scary proposition. You owe tens or even hundreds of thousands
of dollars to the mortgage holder. What happens if a family breadwinner
suddenly passes away and a substantial portion of the mortgage remains
unpaid?
We do not sell just accidental
death type of mortgage insurance. Our coverage is also not tied
in with the mortgage company. If you purchase your life insurance
from the mortgage company and the mortgage gets sold, guess what
happens to your life insurance. That's right, it's no more. Also,
mortgage insurance that is listed as such on your closing statement
for your home is insurance paid by you for the protection of the
mortgage holder in the event of your default on the home loan.
We recommend the life insurance that pays your family, not the mortgage company. All
of our mortgage protection life insurance pays your named beneficiary,
is not tied in with your mortgage company and is not tied in with
the specific house you are in now. It pays 100% of the death benefit
to your beneficiary at your death which can then be used to pay
off the home.
To find out more information,
fill out our no obligation mortgage quote
form, and one of our friendly agents will contact you.
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