Mortgage Protection
Life Insurance
No one ever expects to die or become ill, but we all know that it can happen at any moment. That's why it's important to have Mortgage Protection Life Insurance. If you unexpectedly pass away tomorrow, this policy will help ensure that your loved ones don't lose their home. And if you do become seriously ill or disabled, the policy can also help pay your mortgage so you don't have to worry about it.
Don't let something unexpected put you or your loved ones in danger of losing their home; get Mortgage Protection Life Insurance today!
BENEFITS OF MORTGAGE PROTECTION LIFE INSURANCE
Mortgage Protection Life Insurance offers several benefits that can provide peace of mind and financial security for homeowners. Firstly, it ensures that the outstanding mortgage balance is paid off in the event of the policyholder's death. Losing a loved one is already emotionally challenging, and adding the financial burden of a mortgage can exacerbate the situation. Mortgage Protection Life Insurance provides a safety net, allowing the surviving family members to remain in their home without the added stress of mortgage payments. It helps protect their financial stability during a difficult time and allows them to focus on healing and moving forward.
Secondly, Mortgage Protection Life Insurance typically has a decreasing benefit feature. As the mortgage balance decreases over time, so does the coverage amount of the policy. This ensures that the coverage aligns with the outstanding loan balance, providing the necessary funds to pay off the mortgage at any given point. This feature makes Mortgage Protection Life Insurance a cost-effective option since the premiums are based on the decreasing coverage amount. It provides targeted protection, specifically designed to address the homeowner's needs and obligations.
Lastly, Mortgage Protection Life Insurance is often available without a medical exam or with simplified underwriting processes. This means that homeowners can secure coverage even if they have pre-existing health conditions that might otherwise make it difficult to obtain traditional life insurance. The simplified underwriting can streamline the application process, making it more accessible and efficient. Homeowners can secure the protection they need without lengthy medical evaluations, ensuring their mortgage is covered regardless of their health status.
Overall, Mortgage Protection Life Insurance offers essential benefits for homeowners. It provides financial security by ensuring the mortgage is paid off in the event of the policyholder's death, allowing surviving family members to remain in their home without the burden of mortgage payments. With a decreasing benefit feature, the coverage aligns with the outstanding loan balance, providing cost-effective protection. Additionally, simplified underwriting processes make it accessible to individuals with pre-existing health conditions. Mortgage Protection Life Insurance offers peace of mind, protecting both the home and the family's financial stability.
​
Kaplan Insurance Advisors is ready to find coverage for you! Fill out the contact form below & we will contact you within 24-hours to discuss options & GET YOU APPROVED!
Did You Know?
Did you know, as a homeowner, in case of an unexpected tragedy our family will still have to make monthly home payments? Also, the loss of income could make it almost impossible for them to cover the home and force them to leave they home they love.
Our new program changes that. Our new program gives all homeowners who qualify the protection needed to pay off the mortgage in case of an unexpected tragedy.
The program will:
-
Pay off mortgage loans upon death.
-
May return all premiums if the benefits are not used.
-
Can pay a portion of your benefit if diagnosed with a covered illness or disability.
-
Provide peace of mind knowing your family will not lose their home in the event of a tragedy.
If accepted into the program, we will send you a check for the full amount of the mortgage (in cash benefits that you signed up for), all at once, by overnight mail - so family members can use it immediately, when they need it most, to pay off the mortgage and stay in their home. Once approved and the home protection plan starts, the benefits of the policy are GUARANTEED by law, and cannot be revoked or withheld from you and your family. Our policies are affordable and know qualifying is easy.
To see if you qualify, fill out the quick form below!