This is a brief description of
Mortgage Protection Insurance ..............
For most people, your single-largest asset is your home. This could
also be your family's biggest asset or
burden. Home is where you raise a family and build a foundation for their future. When you die, your family could
well be faced with ongoing mortgage payments they are no longer in a position make.
Mortgage protection life insurance provides an excellent way to prevent this from happening and may secure the family home,
their well fare and future. People confuse Mortgage Protection Insurance and Private Mortgage Insurance. PMI is the insurance
policy required by mortgage lenders and paid for by the buyer. If you are unable to make your mortgage payment, the lender
is the payee not the buyer. Mortgage Protection Insurance policies benefit the
buyers, the individual owners.
Key Insurance Benefits:
- Protect your home and family's future in the event of your death.
Provide enough coverage to
pay off your home mortgage in full, allowing for a place to live, for your family. A policy in force
today, can guarantee years worth of peace of mind. Safeguard your family's future. In the
event of your death your beneficiary receives a check for the full amount of
your life insurance policy face amount. Couldn't my family just sell the house if I die? Yes, your estate could be liquidated,
your assets sold, but how much are they worth? The typical mortgage balance is between $75,000 and $150,000. If your family
sold everything you own, would they be able to pay off the mortgage or would they be out apartment hunting and looking for
new schools etc.? Stability is a corner stone of all families. Insure your family future with Mortgage Protection.
- Protect yourself with a Critical Illness Rider, covering illnesses
like cancer, strokes, heart attack and major organ transplants. The monthly mortgage
or a lump sum can be provided up
to 100% of the face value of the policy. Get the protection of income replacement
and safeguard your family's future.
- Protect yourself with a Disability Income Rider and Premium
Waiver. Most accidents accrue in the home and being laid up can be financially
devastating. Have your mortgage paid for up to two full years after a 90 day
All life insurance premiums can be paid as well after a 180 day waiting period and those
- Reward yourself with a Money Back Rider. Receive all of your
premiums back, including rider premiums in one check. Any benefits you may have needed
during your chosen term are deducted. Give your family a paid for home in the event of your
death and of course yourself 100% of your money back when you
live to the end of the 10,15, 20 or 30 year term. The ultimate in "Save You
Money" insurance. Coverage if you need it and your money back, one check, lump sum, tax
free, if you don't.
Apply Now, know what riders you may qualify for, how much coverage, at what rate
and for how short or long the term maybe. Be precise, inaccurate information may
be tempting, but it may invalidate your insurance policy in part or whole.
Why now ? If not now, when ? Life is a limited window of opportunity.
If you need the coverage the house is paid off in full and if you don't,
you can receive all your money back.
Either way you benefit.
Declined previously, call 781-329-4500 or write below for your medical records:
Medical Information Bureau
PO Box 105, Essex Station
Boston, MA. 02112
Cover your family today.
Holders, you Qualify with No physical Exam, apply Now.
There is a death caused by a motor vehicle
accident every 12 minutes.
(National Safety Council: 2000 Report)