What is Mortgage Protection Insurance?

Many families pay a mortgage every month, but would not be able to do so if they lost their main source of income. Mortgage protection insurance ensures that your mortgage will be paid off if you should pass away. In the event of your death, your family would receive a death benefit to pay the remaining balance of your mortgage. Your surviving family members can use the benefit to pay other expenses as well.

A mortgage protection policy will provide your family with the financial stability to keep their most important possession – a home. You provide for your family now, and you can continue to provide for them when you’re gone by getting mortgage protection insurance.

Why is Mortgage Protection Insurance so important?

Life is unpredictable and can end at any time without warning. If you should pass away unexpectedly, your family would lose your income and may not be able to make the mortgage payments or pay for other essential expenses. Mortgage protection insurance covers your mortgage and final expenses, which can cost tens of thousands of dollars, so that your family won’t have to. This policy will allow your family to grieve without the added stress of trying to pay bills and keep their home.

Please fill out the form to the right if you would like to get a quote from one of our certified insurance specialists. We are happy to help your family find an affordable policy that best fits your family’s needs.