Protect your home for just $1 a day with Mortgage Protection.
Ensure your mortgage is covered in case of illness, injury, or unexpected events, giving you peace of mind for you and your family.
Here are 4 simple and easy-to-understand reasons why Living Benefits Term Life Insurance is great for Mortgage Protection:
Living Benefits Term Life Insurance provides a death benefit payout to your beneficiaries if you pass away during the term of the policy. This lump sum payment can be used to pay off the mortgage, ensuring that your loved ones can keep their home.
You can choose the coverage amount based on the outstanding balance of your mortgage (10-15-20-30 years), ensuring that your family has enough funds to cover the loan in case of your death.
With our preferred partners’ Living Benefits Term Life Insurance option, it offers amazing FREE OF CHARGE riders, such as critical illness, terminal illness, chronic illness riders, etc. These riders allow you to access a big portion of the death benefits while you’re still alive if you experience a qualifying medical event, providing financial support for mortgage payments during a difficult time.
Term Life Insurance typically offers lower premiums compared to other types of life insurance, making it a cost-effective option for mortgage protection. It usually starts with $30-40/month depending on the coverage you need, your age, health and other factors.
If you are looking into quotes for mortgage protection, let’s talk to our expert!
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