Owning a home is the American dream. But, the reality of home ownership is that paying the mortgage can really strain the family budget. In fact, it often takes two incomes just to afford the monthly house payment. Many homeowners worry about leaving behind a huge debt in the event of their death, or risking foreclosure if they are unable to draw an income. Mortgage protection insurance can safeguard your family against this burden to ensure the house payment is covered, even if the unthinkable happens.
Why do you need to Protect Your Home?
Mortgage protection insurance can ease the financial burden on your family and ensure that they can make the next house payment, even in dire circumstances.
If you are injured or stricken with a life-threatening illness, or if you die, you can leave behind a blessing to those you hold closest to your heart with a custom mortgage protection insurance plan.
If you are hospitalized following an injury or accident, how long will your family be able to make the payment on your home? Mortgage disability coverage can provide you with monthly income for your house payment and other expenses if you are disabled and unable to work.
Why is Mortgage Disability Insurance so important?
With mortgage disability insurance, you can focus on getting better, not on paying the bills. If you are a homeowner, simply complete the form on the right to request a free quote. You will receive personalized attention from one our highly skilled mortgage protection specialists to determine whether you qualify for mortgage disability insurance and find a plan that fits your needs.
In general, Mortgage Payment Protection Insurance will cover some or all of your monthly mortgage bill in the event that you lose your job or become disabled, for various lengths of time. Majority of these policies will also pay off your entire loan should you pass away. Since Policies may differ greatly, it may be beneficial to have one customized to fit your needs. Customization may be done to allow the payment of the Mortgage for a specified period of time allowing dependent loved ones to adjust during a life changing event not limited to death and or disability.