Mortgage Protection should benefit you, Not just your lender
The Benefits of Mortgage Protection
The Benefits of Mortgage Protection
If you just Refinance– or purchase new Home loan, you may qualify for the Mortgage Protection Insurance:
Available Benefits include: Up to $400,000 No Medical exam!
· Death- Pays off your mortgage loan in the event of sudden death.
· Disability– pays your monthly mortgage payment if you can’t work due to an illness or injury.
· Level term Benefit. Provides protection for level term, available in 10, 20, 25, 30. years.
· Waiver of Premium rider—Provides the benefit that premiums will be paid by insurance company should the insured become totally disabled.
· Return of Premium (rider) Refunds 100% of your premium if benefits are not used by the end of your mortgage term.
· Critical Illness — Provides an acceleration of a percentage of the death benefit, paid in a lump sum, when the insured is diagnosed with one of the covered critical illness. (life-threatening cancer, hart attack, stroke and advance Alzheimer’s disease).
· Terminal Illness. May provide you with a upfront lump sum benefit if declare with a terminal illness.
Chronic Illness. May provide you with a accelerated benefit each month, in the event of a chronic illness for your every day expenses.