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Your home is one of the largest investments you will ever make. Chances are you borrowed fund through a mortgage loan to help finance the purchase. Have you stopped to think what would happen if something happened to you as an owner of your home?
Mortgage life insurance is designed specifically to pay off the balance of a mortgage loan in the event of the death of a policyholder. While itís not pleasant to think about, a mortgage life insurance policy can make life after the loss of a loved one much less stressful by eliminating the financial pressures during that difficult time.
Some mortgage life products are designed to return all of the premiums paid over the life of the mortgage back to the policyholder at a certain time if no claim is made and the mortgage is paid in full according to schedule.
Mortgage life insurance is also very affordable and can fit within the budgets of most homeowners.
Call us today to find out how valuable this protection can be.