GET A MORTGAGE PROTECTION QUOTE
Find the perfect mortgage insurance policy for your needs
MORTGAGE PROTECTION
Your home is most likely your most cherished and valuable asset. Buying a home is one of the biggest commitments you will make during your lifetime. Your Dream home is finally a reality, and you are now committed to paying thousands of dollars to your lender. Your home will now be where you grow your family and create memories that will last a lifetime.
However, unexpected death or tragedy can often send families down the road to financial disaster. Without planning ahead and having a safety net in place, bankruptcy and/or foreclosure could become a reality. Mortgage protection insurance is the best method to help prevent your family from losing their home due to your inability to pay your mortgage. As a result, you may lose that dream you’ve provided for your family, especially if you are the sole provider for the family.
Mortgage protection insurance can help save the house that has become the place where your children feel safe.
At All American Insurance we offer Mortgage protection insurance. Mortgage protection insurance is a specialized life insurance policy that is designed to pay off the mortgage debt in the event of your untimely death. It protects the homeowner and family at a fixed rate of payments for a specified time period, which usually matches with length of the mortgage term. Some products also allow the surviving family members to take the death benefit paid by the policy and use it to their discretion, whether it is to pay off the mortgage or to be utilized for any other need.