How to Protect Your Mortgage with Life Insurance
Posted: December 22, 2023
How to Protect Your Mortgage with Life InsurancePurchasing a home is a significant financial investment, and for most, it involves taking on a mortgage. While you work hard to create a comfortable and secure living space for your family, it’s equally essential to protect this investment with life insurance. Let’s explore how you can safeguard your mortgage with the right life insurance coverage. Types of Life Insurance When it comes to protecting...
Beginner’s Guide To Mortgage Protection Insurance
Posted: December 22, 2020
Beginner’s Guide To Mortgage Protection InsuranceIf you have a mortgage on your home and your family is depending on you to make the payments, you may want to purchase mortgage protection insurance. This is a type of life insurance specifically designed to pay off your mortgage in the event of your death, so your family can remain in the home. Some mortgage protection insurance policies also provide benefits in the...
Life Insurance Vs. Final Expense Insurance Vs. Mortgage Protection Insurance
Posted: June 22, 2020
Life Insurance Vs. Final Expense Insurance Vs. Mortgage Protection InsuranceLife insurance, final expense insurance, and mortgage protection insurance are all similar in certain ways. They all pay out in the event of the policyholder’s death and they all provide protection for surviving loved ones. Aside from that, they are different types of insurance policies that offer different types of protection. What Is Life Insurance? A life insurance policy is a contract with an insurance...
What Happens To My Mortgage Protection Insurance If I Sell My House?
Posted: November 22, 2019
What Happens To My Mortgage Protection Insurance If I Sell My House?When you purchase a home, you are likely to get offers for mortgage protection insurance, a type of life insurance that will pay off your mortgage in case you die or become disabled. This provides protection for your family if you are no longer there or no longer able to work to pay the mortgage. If you die, with some policies, the proceeds go directly...
Mortgage Protection: How It Works & How It Can Save You
Posted: May 1, 2015
Mortgage Protection: How It Works & How It Can Save YouPart of the American dream is to own your own home, put down roots, and raise your family. Finding just the right home may take time, but once you find it, the adventure begins. Planning changes to the home, yard, and other improvements is a fun and rewarding experience. Fresh paint, flooring, windows, and other upgrades can completely change the character of your home and can add significant...
