Mortgage Protection
Insurance is a decreasing term
life insurance policy. The original death benefit is enough to pay
off the mortgage. As the balance of the mortgage decreases, to does
the death benefit. This insurance is usually inexpensive compared to
traditional life insurance policies.
This type of insurance
policy is ideal for customers that have one working spouse, a shortage of
income if death of a spouse occurs, non-occupant co-borrowers, and
protection for hiers in occurance of death.
These policies
also offer less restrictive underwriting guidelines. Past medical
problems are given less consideration as a traditional life policy.
To obtain a quote for Mortgage Protection Insurance please call
877-473-9627. |
