Mortgage Protection
Why
Mortgage
Protection
Mortgage Protection insurance is more than
just a policy to pay off the balance of your mortgage if you
or your spouse pass away. Mortgage Protection is a complete
package of coverages designed to ensure that whatever
happens to you, you'll be able to stay in your home and not
end up broke.
Of course, if you or your spouse dies, the
policy pays you the money which you can use to pay off your
mortgage. If you're hurt working around your house or you're
in an automobile accident and can't work for awhile, your
Mortgage Protection coverage can provide disability benefits
(if you qualify) to provide you with cash while you can't
work to ensure that your mortgage payments continue to be
paid. You don't have to worry about losing your house while
you're recuperating. Further, it is possible to have
unemployment coverage as well (if available in your state),
so that if you lose your job, your premiums will be paid for
up to 6 months. The money will come to you, not your
mortgage company, so you have control over your money.
Remember, these Mortgage Protection policies are designed to
help you, not some huge, bureaucratic loan company. That's a
good
thing!
If the protections already described were all
there is to Mortgage Protection, it would obviously be
better for you than just a simple term life policy, but
there's even more available to you. There's something called
"Waiver of Premium" which allows you to skip paying your
insurance premiums for awhile as you deal with whatever
caused your disability claim. So not only can you receive
money, you'll be able to save money too! But probably the
most remarkable feature available on our Mortgage Protection
is the Return of Premium provision (if available in your
state). If you'd like, you can arrange to all, of the money
you've paid over the years returned to you at the end of
your policy term in one wonderful, tax-free lump sum! That's
money you can put straight into a retirement plan or just
spend on yourself because you deserve
it!
Mortgage Life
Protection
The cornerstone of any mortgage protection
plan is, of course, the Mortgage Life component. Your policy
will provide survivors with a tax-free benefit to pay off
your mortgage and possibly cover some final expenses. This
coverage is available for all members of your family,
including children - even if their names aren't on the
mortgage. It's also possible to cover yourselves for
Critical Illness protection to provide immediate funds to
you should you suffer a covered critical illness. A
particularly compassionate coverage available to you is the
Terminal Illness Plan. Should you become terminally ill, you
can access up to 50% of your policy's value to meet expenses
while you're still
alive!
Another unique feature is our extended
premium guarantee that will absolutely guarantee that the
rate you lock in today will be the same (stated in the
policy contract) rate you pay through the life of the term,
if you
qualify.
The application process is quick and simple.
No medical exam is required!* You should have an answer in
just a few days. It's that simple to start a plan that will
protect you and your family for years to
come.
Disability Protection
In addition to the peace of mind you receive knowing that
your family is provided for if the worst happens, you'll
also rest a little easier knowing that you're covered for up
to two years in the case of disability. If you or any
covered member of your family is disabled in a covered
accident the disability coverage will provide cash payments
to you to pay your mortgage. These payments will be made in
addition to any other disability or critical illness
payments you may be receiving.
Unemployment Protection
We've seen that our Mortgage Protection plans can provide
for you and your family if you pass on or if you become
disabled. Now certainly that's comforting, but it doesn't
account for what's probably the most likely malady to befall
you - unemployment. You can easily cover yourself with a
benefit that will pay your policy premiums up to six months
and keep all your coverages in force while you look for new
employment. The alternative is to use up your savings
leaving you poorer than you have to be. That doesn't need to
happen!
Return of Premium
One of the most unique features of our policies is the
return of premium rider that refunds every penny of premium
when you live to the end of the policy term - just like
getting your policy for free if you never needed it! This
money comes directly back to you tax-free. Though many folks
roll their distribution into some kind of retirement
vehicle, it's also nice to use the money to pay off other
expenses or give your family a nice vacation
together.
United Financial
Group
(334) 472-0040 - Main
(904)
216-9750 - Fax
Customerservice@unitedfinancialgroup.info
