- Pays off home if you pass away, become critically ill or disabled
- Buys time for a family member so they don't lose the house
- Premiums never increase
- No Medical Exams
WHAT IT DOES:
Understanding Mortgage Protection
Death Benefit
If you pass away, a death benefit will pay out to the beneficiary of your choice. Not the bank.
Critical Illness
Accelerate up to 100% of your death benefit if you have a heart attack, stroke, cancer, or have any other living benefit qualifying event.
Disability Coverage
There are 6 daily living activities (eating, bathing, clothing, toileting, transferring, or medicating). If you need assistance with 2 of the 6 major daily living activities and can prove it with a doctors note, you can accelerate up to 100% of your death benefit.
Term, Cash Back, or Permanent Options Available
Term – Covered for 10, 15, 20, 25, or 30 years. Cheaper rates.
Cash Back – Term that gives a 100% refund of premiums to insured if they out live the term of the policy.
Permanent – Whole life or IUL coverage that will gain cash value and is designed to last until age 120.
