Your home is your most valued and valuable asset.
If you’re a homeowner who is currently on a mortgage, you may be wondering, what is mortgage protection? A mortgage protection policy is there to protect your home, family and income in case of sudden, premature death, or the financial devastation of a terminal, chronic, critical illness or critical injury. Many homeowners we have seen over the years have been under the wrong impression that this policy is included on their original mortgage, only to find out the hard way that it isn’t.
How does it work?
A mortgage protection policy is perhaps the most simple and affordable way to protect your family from the financial burden of your current mortgage in the event of your death. It allows them to pay off the remaining balance up to a specified amount. With the right coverage, your family can continue living in the house that you have all called home. Call us today to learn more about your options when it comes to protecting your loved ones. Our financial advisors are highly experienced in mortgage protection and look forward to helping you.