Independent Insurance Agency serving Arizona for over 30 years.
2410 E. Route 66
Flagstaff, AZ 86004
11225 N. 28th Dr. Ste-D
Phoenix, AZ 85029
Mountain Valley Insurance
4672 Maverick Ln.
Lakeside, AZ 85929
355 Main St.
Camp Verde, AZ 86322
Insurors Network LTD, 2016. All rights reserved.
Owning a home is the American dream. But, the reality of home ownership is that paying the mortgage can really strain the family budget. In fact, it often takes two incomes just to afford the monthly house payment. Many homeowners worry about leaving behind a huge debt in the event of their death, or risking foreclosure if they are unable to draw an income. Mortgage protection life insurance can safeguard your family against this burden to ensure the house payment is covered, even if the unthinkable happens.
Why is Mortgage Protection Insurance important?
You see a report on the evening news about a fatal car accident or a weather-related disaster. You hear about a friend or neighbor who unexpectedly lost a loved one. What if something like that happened to you? Would your family be prepared? A time of mourning is no time to make major financial decisions or face the impending crisis of foreclosure. But all too often, families are forced to put their home up for sale or risk losing it to the bank when the unexpected happens. Mortgage protection insurance can ease the financial burden on your family and ensure that they can make the next house payment, even in dire circumstances. If you are injured or stricken with a life-threatening illness, or if you die, you can leave behind a blessing to those you hold closest to your heart with a custom mortgage protection insurance plan.
Find out how to protect your house and your family by filling out the form on the right to request a free mortgage protection insurance quote. You will receive personalized attention from one our highly skilled mortgage protection specialists to put together a plan that fits your budget and coverage needs.
Pay off the mortgage early
Did you know you could use a Mortgage Protection Life Insurance policy to help pay off the mortgage early? Here is an example: John and Mary have a 30 year $250,000 mortgage. They both work and contribute to the payments. Each of them purchases their own policy for $300,000 which is enough to cover the mortgage and other final expenses and debts in case one of them were to die. Both policies have a 20 year term with a return of premium rider or cash back option. After 20 years, they both surrender their policies and get all of their premiums back. Since their accumulated premiums total in the tens of thousands of dollars, they can now use that money to pay off the mortgage up to 10 years early!
Mortgage Protection Life Insurance