No medical exam required, apply in minutes @ 219-249-1010
Choose a time that's best for you to speak with a Licensed Advisor.
If you prefer to meet your Licensed Advisor in person.
No Medical Exams!
We make applying painless.
Rates as low as $20 per month.
Cover part or all of your Mortgage, even until it is paid off.
When you purchase mortgage protection insurance you are choosing peace of mind, knowing that mortgage payments wouldn’t burden your loved ones if you pass away or face income loss due to a critical illness or disability. Make the choice to protect your family from losing your home and contact us today.
You're welcome to call us to schedule your Consultation
If you prefer email to schedule your Consultation
Choose from dates available to schedule your Consutation
Mortgage protection is an affordable type of term life insurance that is designed specifically for homeowners. A mortgage protection plan typically provides coverage for the same number of years – or “term” – as your mortgage.
Mortgage protection insurance is designed to cover your mortgage payments, so most people select a policy term that is close to the number of years they will have outstanding mortgage payments. As long as your premiums are paid on time, your policy remains “in-force.” If you pass away during this time, the insurance company will cover the remainder of your mortgage payments so your loved ones can stay in the family home.
For most people, a mortgage protection policy is one of the most affordable types of insurance on the market. Your premium is based on the amount of coverage you need (the amount of your mortgage), as well as your health, age, and tobacco use. Many insurance companies offer simplified underwriting, meaning you won’t need to visit a doctor for a medical exam in order to qualify.
If you pass away during the time your policy is “in-force,” the insurance company will cover the remainder of your mortgage payments until your home is paid off. This can provide a huge relief to your loved ones, as your family will be able to stay in their home and not have to worry about keeping up with the bills. You can also purchase riders for your policy, which would offer additional coverage in the even that you become critically ill or disabled and cannot work.
For many people, this type of insurance is a better fit than a standard term or permanent life insurance policy due to its affordability. If you are a homeowner, mortgage protection is the simple solution to ensure your loved ones can stay in the family home if something happened to you.
Even if you have life insurance coverage through work, mortgage protection insurance can supplement this coverage by supporting your family during a potential hardship, providing mortgage payments while your employer-sponsored life insurance could cover other bills or expenses related to your passing.
Such as mortgages, car payments, and credit cards.
Protect the premature death of a spouse or parent so that the loss of income is not devastating to the family.
Funeral and other administrative expenses.
The death of a parent may mean that the quality of education, intended for a child, may be out of reach.
Any adjustment expenses, such as time off work and medical and counseling expenses.
Life insurance provides a guarantee that the funds will be there to care for those special needs.
To provide funding to assist in orderly transfer of business ownership in the case of an owner’s death—life insurance guarantees that the business is transferred as intended.
Business Insurance—Key Person, Executive Bonus, Split Dollar, and Deferred Compensation funded with life insurance.
A charitable-minded client may leave a gift to a favorite organization, without significantly reducing the size of the estate, by using the death benefit to replace the value of the property gifted to heirs.
Provides additional liquidity to assist in providing each child with equal shares of their parents’ assets.
People die owning assets that have not yet been taxed; these taxes then become the obligation of the beneficiary. Life insurance provides liquidity to assist in the payment of these taxes.
There can be conflict when a parent with children remarries. Life insurance on the parent provides the new spouse financial security from the insurance coverage. At the same time it allows the children to receive the parent’s estate immediately. This can avoid unwanted animosity between the children and the new spouse and allow them to live in harmony.