Mortgage Protection Insurance
Congrats On the New Home!
Purchasing a new home can be an exciting time. It’s time to get new furniture, appliances, decorations and more to make your new house feel like a home. While you are getting settled into your new home, it would be a good idea to get the right types of insurance policies in place to protect your investment.
You are already probably familiar with your homeowner’s insurance policy that protects the actual structure of your home, but what if something happens to you? What protection is in place to ensure that your loved ones can afford to continuing living in your new home if something happens to you?
This is What Mortgage Protection Insurance Covers
While mortgage protection insurance is a form of life insurance, it does have some unique features that make it an ideal solution for someone that has just purchased a new home. Some of these features include:
Simplified Underwriting Requirements
Differing from a traditions term or cash value policy, Mortgage Protection Insurance typically has less stringent underwriting requirements which means even those that may have had some medical issues in the past may still be able to protect their family’s home in the event something happens to them.
Additional Benefit Riders
Not all policies are created equal. Even though at its core a Mortage Protection Insurance Policy is a life insurance product, some companies offer an additional rider to help cover the cost of your mortage in the event you are disabled.
Let The Ragnar Group Inc. help guide you to getting peace of mind that comes with protecting your family.
Let us know a little about you and one of our agents will get you started!