Mortgage payments on average are the single largest source of personal debt. Mortgage protection insurance will pay off your debt in the event of your death. If you pass away, a death benefit can be paid to the surviving family to pay off the balance of the mortgage. The death benefit, however, can be used by the family (or beneficiaries) how they see fit.
This coverage provides your family the financial stability it will need to continue to pay the mortgage and keep their home. Give your family the protection they deserve and peace of mind for yourself by knowing your family will be taken care of when you're not here too.
A fatal accident can happen to anyone and this would put your loved ones in unexpected financial hardship. Your income is now gone but the bills will keep coming. Mortgage protection insurance makes sure your loved ones don’t have to worry about the mortgage payment and your final expenses which can cost on average $10, 000. This coverage allows your family the proper time to grieve without having to worry about the next bill.
To obtain a free quote and speak to one of our qualified insurance agents, please fill out the form to the right. We look forward to helping your family develop a plan that fits your coverage and budget needs.
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