After buying a home, condo, townhouse, mobile home, investment property, or commercial property, as a borrower you have substantial mortgages that will remain unpaid if insurance is not provided to leave these properties free and clear for your heirs after death. A Mortgage Protection Plan will pay your mortgage note if you become disabled due to an accident or illness or if your employer lays you off. Statistics show 12 in 100 die before paying off their home, while 48% of all foreclosures are the result of disability.
A Mortgage Protection Plan offers much more. Please review the other benefits available to fit your specific needs:
- Death Benefits to Cover Mortgage Balance.
- Refund of Premium at end of policy period.
- Unemployment Protection.
- Disability Protection.
- Critical Illness Rider (advances 75% of death benefits).
- Mortgage Co-Holder Protection.
- Accidental Death.
- Spouse Rider.
- Child Rider.
Contact our Life Insurance Specialist at (504) 441-RATE (7283) or complete the Online Quote Request form and you will be contacted immediately.