Mortgage Protection
Insurance can help you protect your home.
Without Mortgage Protection if something were to happen to you, what would happen to your home?
If you have a family, how long do you think your family could afford to pay on this mortgage without your financial help?
What happens if they can't ?
The home goes into foreclosure and then you lose the equity you have put into the homes value and the family will have to move.
With mortgage protection you can provide financial help to pay off the mortgage or at least give your family some time to keep paying on the mortgage while they prepare to sell and find a new place they can afford to live without you.
This type of Insurance protection also provides for you if you become chronically or terminally Ill. This is a term policy set for a certain amount of time. If you live pass your policy term and the policy doesn't pay out to your beneficiary to pay off your mortgage, final expenses then you can receive your premiums back. Gives you the option to pay off your mortgage early, saving you money by eliminating the interest. You can use this money to pay for education, a wedding, a dream vacation, even that midlife crisis sports car you always wanted.
If you are single and fortunate enough to have purchased a home , having this type of protection will pay your beneficiary so they can pay off the home protecting your asset you have worked hard to have.
For more information to keep your home from turning upside down and get a free quote today Contact Shirley here!