What is Mortgage Protection Insurance?
For most American families, the mortgage represents the largest source of personal debt, a debt that can easily default in the event of the primary breadwinner’s death.
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 is Mortgage Protection Insurance so important?
You see a report on the evening news about a fatal car accident or a weather-related disaster. You hear about a friend or neighbor who unexpectedly lost a loved one. What if something like that happened to you? Would your family be prepared?
A time of mourning is no time to make major financial decisions or face the impending crisis of foreclosure. But, all too often, families are forced to put their home up for sale or risk losing it to the bank when the unexpected happens. 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.
Find out how to protect your house and your family by filling out the form on the right to request a free mortgage protection insurance quote. You will receive personalized attention from one our highly skilled mortgage protection specialists to put together a plan that fits your budget and coverage needs.