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, becomes disabled, or becomes unemployed and a substantial portion of the mortgage remains unpaid?

If you qualify, based on the design of the plan, it can provide the following life and disability insurance benefits:

1. If the homeowner dies, your mortgage (loan amount) can be paid off, and the home left free and clear for your family.

2. If you or your spouse are totally disabled from either accident or sickness, the plan can provide funds you can use to pay your monthly mortgage payment.

3. When you live to the end of your mortgage, based upon current values, you can receive a lump sum amount equal to all, part or more than every penny paid into the policy.