Contact Us:
Mortgage Protection
How it Works
How The Strategic Assessment Works
Our agent will meet with you to ensure all of your questions are answered
Schedule A Consultation
Our agent will meet with you one on one over the phone. Set aside about 30 min of un interrupted time to ensure you get all of your questions answered. If there is a significant other please ensure they are available for the call.
Gather Your Specific Details
During the call your agent will gather specific details about your situation. Information regarding your current mortgage, health, income, and any other insurance you have will play into the options presented.
Present Your Options
On the call your agent will provide 3 options for coverage based on the information you provide. This is not a guarantee for acceptance, but rather a recommendation of a licensed agent.
Apply For Approval
Based on the options provided it will either make sense or not. If it does make sense, the next step is to apply with the insurance carrier for approval. In some situations the application and approval can happen the same day.
Review Your Coverage
Once approved, you will receive your policy in the mail via first class. The insurance company gives you 30 days to review your coverage to ensure your satisfaction.
Who Needs Mortgage Protection Insurance?
You might be wondering if you need to obtain more insurance coverage in addition to all the other payments you make. Consider what would happen if you were unable to work for months. How would you pay your biggest bill ever? This type of insurance may benefit some people and families more than others.
If you or your spouse have a history of or are currently experiencing health problems, MPI is encouraged. If you operate in a high-risk industry, insurance could protect you in the event of an accident.
Fortunately, mortgage protection insurance is a reasonably priced type of coverage that, in an emergency, can pay significant returns. It is a wise investment in your financial security if you can make it work within your budget and the insurance doesn't have too many limitations.
How Do I Choose Mortgage Protection Insurance
Asking a licensed life insurance broker that specializes in Mortgage Protection. Just like a Doctor that specializes in certain medical fields, asking the right expert in the business is the best approach to determine the appropriate level of protection for your mortgage repayments. You need to ask an expert provider like us, who can help you get affordable policies and a more comprehensive, customized insurance with the aid of one of our professional brokers licensed in your state. Our broker will elect the most dependable insurer, the most comprehensive policy, and the finest benefits for your needs while also protecting the most vital thing in your life.
The Provider - When we compare insurers, we make sure to always pick a reputable, well-established company that is also nice and simple to work with, in addition to those who focus on particular aspects of your health and lifestyle.
Your Risk Factors - We always look for a specialized insurer with experience meeting your demands because the rates of mortgage protection can vary de pending on your health and lifestyle circumstances.
Coverage - Ensure the benefit payout amount can meet all of the costs associated with your mortgage, such as interest and repayments, by looking at what it is expected to cover. It's also a good time to think about how much insurance you need to have to be fully protected.
Waiting Period - Ensure your policy will pay out as fast as possible to not put your family in financial difficulty. If something were to happen to the family's primary breadwinner, there would already be enough emotional upheaval in the home without adding money issues. In most states their is no waiting period, only a 2-year suicide clause.
Your Dependents - Think about whether you probably have children or perhaps aging parents who rely on you and how long they are going to need you. Your choice of the level and duration of coverage will be assisted by this.
Your Budget - There are various levels of mortgage protection policies available. Your budget will determine the level of coverage you should consider. The more value, the more expensive the policy.
