Many homeowners find their mortgage is the lone source of personal debt. Mortgage security insurance is a specific type of life insurance policy that is intended to pay off that debt upon the occurrence of your death.
It is a scary thing to imagine – but if you were involved in a deadly accident today would that force your family to instantaneously experience financial adversity? On top of the expenses they would face involving your medical and funeral bills, the other bills don’t just stop! Your house payment will still be due, and the question is, would your loved ones have a way to pay it without your salary? Not only would they face mourning your death, but it is possible they now would have to deal with the looming disaster of losing their home.
Similar to most other life insurance, mortgage protection insurance eases the burdens facing your family in the wake of your loss. It is an inexpensive way of safeguarding your family and ensuring that your home is paid for – no matter what other burdens your family faces. Stroke, heart attack, cancer, injury, death… your loved ones will never be in danger of losing its home as long as you put a custom mortgage protection insurance plan in place.
GPS Insurance Agency, LLC offers free, comparative quotes on mortgage protection insurance from multiple insurance carriers so you can get the best possible rate.Want to see how much we can save you? Just request a quote to find out.