What are the advantages of Mortgage Protection?

Provides a death benefit to pay off your

• mortgage in the event of your death

• Pays your mortgage payments if you become

• disabled

• Protects your mortgage payments in the

• event of critical illness

• Provides benefits from a life insurance policy

• with generally affordable premiums

• Achieves peace of mind for your home and

• family

What is the difference between mortgage protection insurance and homeowners insurance?

• Makes your premiums in case of job loss*

• Money goes to your family

• Pays your mortgage if you become sick or injured

• Money your family receives is tax free

• Is portable – new home? It travels with you

*Available in most states. Limitations may apply. Benefits and carriers will vary for coverages and are subject to underwriting approval, product limitations and availability.

• Coverage to your home in severe weather / water damage

• Theft of your belongings

• Vandalism of your house and property

• Fire damage to your home

• Personal injury lawsuits if someone gets hurt on your property

In most cases, yes! Mortgage protection insurance has a very high acceptance rate as most plans are offered with simplified underwriting (you won’t have to take a medical exam to qualify).

If you have a mortgage on your home, or if you are in the process of obtaining a mortgage, you should consider buying mortgage protection insurance.

Mortgage protection is one of the most inexpensive types of insurance, and it’s often a more affordable option than purchasing a separate whole life policy to pay off your mortgage in the event of your death.