Mortgage Protection A to Z Guide

Written by Buy Mortgage Protection

There are many reasons mortgage protection is smart for you, your family, and your home. We work hard to purchase and own our homes. Our homes provide us with protection, a place to raise our families, to relax and recuperate, and to enjoy memories.

We thought it would be fun and informative to write an A-Z guide for mortgage protection. We hope you learn from it and enjoy it!

A – Age and accidents (a two for one!)


Accidents are the number four cause of death in the United States.

Because they are accidents, we never see them coming. If you watch the news on any evening of the week, you will see and hear about somebody who’s unlucky enough to get in an accident and die.

What you never hear about after seeing the story on the news is the pain, suffering, and financial disasters to take place after these deaths occur.

If we have enough time to plan for events in our life, we typically get through those events in good shape, physically and financially. But when you’re killed in an on-the-job injury, or driving to work, or are the victim of crime, or any other accidental death, your family will immediately be plunged into a world of uncertainty and financial despair.

Without adequate mortgage protection or life insurance, your family will likely lose all you have worked so hard for over so many years.

Because we don’t know when an accident occurs, it is critical to have mortgage protection or life insurance coverage in place before something happens. Work life insurance is convenient, but you don’t own it, so there’s no guarantee it will be there when you need it. Purchasing life insurance coverage is the only guaranteed solution to protect your home, family, and loved ones.


Mortgage protection protects your home and your family as you grow older. Your insurance premium will be less when you are younger than when you are older, so it makes sense to purchase mortgage protection soon.

Many homeowners don’t think about mortgage protection until they are in their 50s and 60s. They still have home mortgages with 20 to 30-year term lengths and find their homes and families at risk financially.

Compounding their age, these 50 and 60-year-olds may be experiencing health and medical problems that require them to take prescription medicines. We are also more prone to accidents as we get older.

Depending on the age, illness, and medicines, mortgage protection life insurance or any other life insurance will be more expensive when you are older than when you are younger and healthier.

Don’t make the mistake of waiting too long to purchase mortgage protection life insurance or life insurance to protect your home and other assets.

B – Budget

Every family we work with has a budget they must stick to each month. Nobody likes paying for insurance, whether it be auto insurance, homeowners’ insurance, health insurance, or life insurance.

Insurance isn’t a sexy product; it’s not as cool is that 70-inch flat screen TV or that brand-new boat, or that brand-new car, or the fancy watch, or going out to dinner twice a week.

Many families easily find money in their budgets for that 70-inch flat screen TV, or that brand-new boat, brand-new car, or that fancy watch, or going out to dinner twice a week. The same families often struggle to fit a reasonably priced mortgage protection policy into their budget.

The money always goes somewhere! All too often, though, it goes towards temporary financial gratification, rather than something to protect your home and family for generations to come.

We’ve heard far too many times when somebody says, “I can’t afford it”, “I need to think about it”, “I have to see if I can fit it in my budget”, “now is just not the right time”, and “can you follow up with me on this in a couple months?”

There is not a year that goes by that we follow up with clients later, only to find out they or their spouse died, were injured, had a serious medical problem, or had another significant event that placed them and their family at high financial risk.

Adults make room in our budget for the things important to us. If going out to dinner a few times a month is more important than protecting your mortgage and family for generations to come, we cannot help you.

Anything worth owning his worth sacrificing for, and we believe your home and family are worth the sacrifice to protect with mortgage protection insurance.

C – Children

Individuals or couples who don’t have children have lots of flexibility in where they live, how much they spend, and what kind of home they need.

Most couples with children have larger homes and more financial outflows to care for the children. The cost to raise a child to age 18 is now over $233,000 per child.

Most families with children have both parents working to provide for their home and children, budgets that often spread thin each month.

If one of the family members were to die or become disabled, the financial impact would be devastating to the soon to be struggling family members.

After the death of an income producing parent or partner, families often must move out of their home within one to two years. This means you will have to move out of the neighborhood your children have grown up in.

Your children must move away from all their friends, they will be forced to leave the schools they have been attending, and they will have to relocate to other schools and school districts.

The financial and emotional toll caused by losing a home due to lack of adequate mortgage protection insurance coverage is devastating to families and will affect your surviving family members for generations to come.

Mortgage protection insurance is an affordable way to protect your home, spouse or partner, and your children.

D – Debt

Very few families can purchase a home without taking on debt. You may have money for a down payment to put down on your new home, but you will have to finance the rest with a loan from a bank or lender.

If something happens to you and you cannot repay the debt, your bank or lending institution will foreclose on your home and take it back. Any money you’ve put into your home and any equity you have earned over the years as your house value increased and your loan value decreased will go to the bank.

All those years of hard work, money, sweat equity, and memories will be lost to an unforgiving and uncompassionate bank or lending institution.

It benefits your lender to foreclose on your home when you have a lot of equity. Your equity then becomes their equity; it’s simply the harsh rules of the mortgage lending business. The more equity in your home, the more aggressively they may come after your home and equity in your home.

We don’t make up the rules; we just help protect people from the rules. An affordable mortgage protection policy is a perfect solution to protect your home, the equity in your home, and a lifetime of financial investment in your home.

E – Equity

After you purchase your home and begin making mortgage payments, your equity in your home will grow. If you have a $100,000 home mortgage loan, and you pay it down to $90,000, you now have $10,000 worth of equity in your home.

If your home has appreciated in value to $110,000, and your mortgage balance is $90,000, you now have $20,000 equity in your home. That is $20,000 of value accessible to you if you sell your home.

It’s most families’ goal to have a paid off home. The problem for most families is this takes years and years for the home to be paid off, even with both spouses or partners and household working and contributing income to pay the home mortgage.

When a loved one dies, most family incomes are cut 40 to 60%. Unless you were living off one spouse or partner’s income and depositing the other 40 to 60% in your savings account, you will run into financial trouble when your budget outflow is more than your budget inflow.

Mortgage protection insurance protects your home and family. When a tragedy, illness, or disability occurs, your mortgage protection policy is there to step in and help protect your home.

Depending on your needs and budget, we can help you find mortgage protection life insurance coverage that will give you peace of mind, knowing your home and family will be protected in the years to come.

F – Freedom

For most people, owning your home free and clear is a freedom they want to experience. There is no greater feeling in the world than knowing your home is paid off and nobody can ever take that away from you and your family.

Given enough time, enough money, and enough health, most families will eventually pay off their home; this can take up to 30 years for many families.

If life does not go as planned, the results can be catastrophic to families and finances. The American dream of owning a home and the freedom associated with the dream becomes a nightmare.

When a loved one dies, family members are often at the funeral grieving the loss of a spouse or partner and grieving the impending loss of their home and other investments.

If you love your spouse, partner, or children, you will want them to have the freedom to make the right decisions after your death. You’ll want them to have the freedom to decide if they want to stay in your home. You’ll want them to have the freedom to decide where your children go to school. You’ll want them to have the freedom to keep your home, your cars, and your other investments.

Freedom has a price, and if you don’t have hundreds of thousands of dollars in the bank for your family to fall back onto, mortgage protection insurance is an amazing way to show your love for your family to protect your home.

G – Guarantee

What if you could ensure that, when a loved one dies or becomes disabled, your mortgage would be paid off or your mortgage payments would be made for you? How cool would that be?

That’s what mortgage protection does for your loved ones. When approved for a mortgage protection policy, you have a legal contract with an insurance company that guarantees your beneficiaries will be cared for when you die.

Mortgage protection insurance is simply a transfer of risk from your family to an insurance company.

A 40-year-old male purchases a $250,000 mortgage protection policy to pay off his $250,000 mortgage if he dies for $36.27 a month. There is no other investment in the world that will guarantee $250,000 for a once a month $36.27 investment.

Mortgage protection does this. Imagine you were just approved for a $250,000 mortgage protection policy two weeks ago. You were driving to work, and you entered an intersection legally with a green traffic light signal giving you the right-of-way.

A young 28-year-old sales executive stressed out from work and a big business deal going sideways is looking down at his phone to dial the problem client. He misses the red light at the intersection and plows into your driver’s side door and kills you.

Your mortgage insurance policy is less than two weeks old. You paid one premium of $36.27. The insurance company will write a check to your beneficiaries for $250,000!

Sometimes, life sucks and we die or get diagnosed with a terminal illness. Life sucks, sometimes; it just doesn’t seem fair. But there are insurance products available that will create a financial safety net for your family and loved ones when the worst happens; mortgage protection does this for you.

H – Happiness and Home


Wanting to feel happy is a universal feeling for everyone; we like to feel good. Happiness is a blend of many things in life.

Having great friends, having a nice home, having a nice car, having rewarding relationships, having an amazing spouse, having well-behaved children, having enough income, having excellent health, and having the peace of mind, knowing you have protected yourself against the unknown contribute to our happiness.

We don’t know how healthy we will be in the coming years. We don’t know when we will get sick. We don’t know when we will die.

With all these worries, it’s difficult to be happy at times. Protecting your family provides financial security for them and contributes a great deal to your happiness. Knowing your loved ones, family, and home will be protected if and when you die provides tremendous emotional support and relief to you and your family.

Happiness has serious competition from something called worrying. Worrying destroys happiness. You can’t be happy if you are worried about what could go wrong.

Having the right plans in place to protect your family financially eliminates this worry, so you can be happy, present, and attentive to your family every day.


If you don’t own a home, you don’t need mortgage protection insurance. If you don’t have a home mortgage, you don’t need mortgage protection insurance. If you have enough money in the bank to pay off your home, you probably don’t need mortgage protection insurance.

If you own a home and have a home mortgage loan, then mortgage protection life insurance is a great fit for you, your spouse or partner, your family, and your home.

If you have family or loved ones that live with you in your home (or that you would like the home to go to after your death), then mortgage protection life insurance is a great fit for you, your spouse or partner, your family, and your home.

“Home Sweet Home” is a sign that hangs in many families’ homes. We love our homes; we work hard for our homes. We don’t ever want to lose our homes.

“Home Sweet Home” can change into “I can’t believe we are going to lose our home” in the blink of an eye, a fraction of a second, at an inopportune moment, and when we least expect it to happen.

Often, our lives are turned upside down in an instant.

When a loved one dies, the world in which we live suddenly stops spinning. Nothing else matters, we are in shock, and we don’t know how we will live without our loved one.

The only thing worse than losing a loved one is losing the home you worked so hard for, that you invested so much money and time in, where you raise your family and hoped to live the rest of your life.

Without proper financial planning and mortgage protection insurance, your home will be lost at the exact time you need it the most.

Life has a way of humbling us and letting us know we are not in control. The one thing we can control is making sure our homes are protected with the right insurance plan so that, when the worst happens, our homes, families, and loved ones will be protected.

I  – Income

When you are alive and working, you can earn an income. When you are dead or disabled, you cannot earn an income.

If you live by yourself and have nobody you are responsible for, you probably don’t need mortgage protection insurance or life insurance.

If your family depends on you to provide a home to live in, mortgage protection insurance is a valuable financial asset. When you die, your income dies with you. When you become disabled and cannot work, your income is eliminated or is substantially reduced.

“Money makes the world go around” is not just a catchy phrase; it’s a fact. Almost everything we do in this world revolves around financial transactions.

We use money to pay for homes, cars, televisions, entertainment, meals, vacations, medicines, medical care, and much more. Just as money makes the world go around, the lack of money can stop your world in an instant.

When a loved one passes away, your world will end, and a giant void will consume the coming months and years.

The grief will be bad enough by itself; it will only be compounded and made worse when your loved ones financial obligations cannot be paid.

Mortgage protection protects your home when it’s needed the most. Do you love your family enough to protect them from life’s occasional cruel turn of events? We hope so.

J – Just-in-time Protection

Many homeowners would like to get their coverage quickly and with as little hassle as possible. Fully underwritten life insurance policies can take up to two months to get approved; some people need insurance quickly. A nonmedical mortgage protection policy is ideal.

By not having to undergo a medical checkup where they test your blood test, test your urine, verify your height, weight, and perform other medical examinations, we can issue policies in days rather than months.

If you are in excellent health then fully underwritten life insurance policies are the way to get the best prices possible for the insurance coverage you desire.

If you have medical problems or illnesses, you are overweight or are on prescription medicines for serious health issues, then nonmedical policies are much easier to qualify for. The rates are highly competitive with fully underwritten plans (when health impairments are present).

We often help get clients insured quickly with a nonmedical policy and then follow up in one year as their health or weight improves and get them better pricing or increased coverage.

K – Kids

Kids are awesome! We love our children and want the best for them.

Statistics show children with stable households are happier and better adjusted than children who live in turbulent or unstable homes.

  • Our homes are a place where our children come home every day for food and safety. It is a place where they relax, sleep, and recharge themselves for the next day’s grand adventure.
  • Our kids are worth protecting. And protecting the home where our children live is important to their emotional health and future mental and physical health.

When a loved one dies or cannot work and the home must be sold, it plunges our children into a cruel world of uncertainty and emotional turmoil.

When your children most need emotional stability, your death will plunge them into a world with little emotional and financial stability.

Protecting your home with mortgage protection insurance is an incredible act of love that will provide stability for your children when the worst happens.

If you will invest over $233,000 to get your child to the age of 18, it’s worth spending a little more to protect your mortgage, so they have a house to live in until they are 18 years old. Mortgage protection does this for you and your family.

L – Loan or liability

Most homes purchased by families are financed through banks or lenders.

An individual, married couple, or partners will get a loan to pay off their home and pay it over 15 to 30 years. When you purchase a home and get approved for a home mortgage, you accept liability for paying those mortgage payments on a timely basis.

If you don’t pay your mortgage payments in a timely manner, your bank or lender will start the foreclosure process; it is imperative you pay your mortgage on time.

When an income earning spouse or partner dies, the bank will not want your full mortgage amount. It will only want your mortgage payments.

If you have a $250,000 mortgage and $1,253 per month mortgage payments, the bank will only want the $1,253 mortgage payments to keep arriving in the mail monthly. They will not require you to pay the entire $250,000 mortgage.

Many people think a mortgage protection policy should cover the entire $250,000 loan amount; this is not always the case.

We help many families with lesser amounts of coverage to protect their home. This helps them get an affordable premium amount and still protect the home.

If both family members make the same money, getting $125,000 for the mortgage protection on each spouse (for a $250,000 mortgage) is an attractive and affordable option.

When a spouse or partner dies, the surviving spouse can take the $125,000 mortgage protection insurance policy proceeds and pay off half the loan. They could then refinance the loan and cut their mortgage payments in half. This is an excellent way to protect your family.

Mortgage protection is not simply about paying off the entire mortgage amount; often, it is just enough to protect the home, so the surviving family members can keep the home (with lower mortgage payments) after you’re gone.

We also help families where they may want to sell the home when a loved one dies. They may only want to get the equity out of the home and downsize or rent an apartment after the death of a loved one.

In this case, having one year to three years’ worth of mortgage payments in a mortgage protection policy allows them peace of mind to know they won’t have to worry about the liability of their mortgage payments while the home is prepared for sale and sold.

M – Memories

Do you want your family and loved ones to have good memories of you when you’re gone? Do you want them to have sad memories of you when you’re gone?

The one thing every family that owns mortgage protection has in common after the death of a loved is they are grateful their loved ones thought enough of them to protect their home and their family.

We have had conversations with families, sometimes, who have lost a loved one. We talked with their spouse in the past about mortgage protection, and a spouse decided not to purchase any.

The surviving spouse was going through their partner’s emails or paper records and found the quote we provided. They call us, desperately hoping the deceased loved one had purchased mortgage protection insurance.

We, unfortunately, have to tell them that, although their loved one thought it was a great idea, they just needed to “think about it,” or “pray about it,” or “sleep on it,” or “try to fit it in their budget”…but they never did.

Looking back, most families realized they could have afforded mortgage protection insurance, they should have afforded it, but they chose not to purchase it. They spent their money on other things that now mean nothing.

So many memories are associated with the homes we live in.

We raise our families and our homes; we have a sense of security in our homes, we have a sense of community in our homes, we raise our families, and create memories in our homes.

If your home is worth purchasing, it’s worth your family keeping when you’re gone. What memories will you leave behind?

N – Non-medical policies

Nonmedical policies mean you need not have a nurse visit you to take your blood, have you pee in a cup, measure you, and ask other health related questions.

If you have health impairments or are on prescription medications for chronic health concerns (high blood pressure, high cholesterol, diabetes, depression/anxiety medications etc.), non-medical policies are a much easier way to get approved for mortgage protection and life insurance coverage.

We always look at your unique situation to determine what will be the best policy that will offer you the highest chance of getting approved for a policy.

It does no good to apply to an insurance company for a life insurance product for which you will not qualify. Many rates you see on the television or receive in the mail do not apply to ordinary people.

That letter that said you were eligible for $500,000 coverage at 50 years old for $8.95 is tricky and deceptive marketing. When you’re on high blood pressure medicines, cholesterol medication, and you are 50 pounds overweight, you won’t get this rate…or anything close to it!

Just know that, when you see these rates on TV and receive them in your mailbox, they don’t apply to 93% of the population.

Unless you are 25 years old, have a resting heartbeat 70 beats per minute, have no health issues, and have 4% body fat, you won’t get these rates.

These rates are called “Teaser Rates”; it’s advertising and marketing intended to draw you in to upsell you on a more expensive insurance product.

You only want to apply for mortgage protection and life insurance products you can qualify for based on your age, health, height, and weight. We are experts at what we do and will get you the best insurance pricing possible to protect you, your family, and your home.

O  – Ownership

There is no greater feeling than owning your home free and clear.

Most families dream of the day they pay off their home and own it free and clear. Given enough time, and given great health and wealth, our homes will be paid off in the future.

But sometimes, life takes a cruel turn of events.

Over the years we own our homes, things can change. Our health can change, we get in accidents, and we die sooner than we ever expected.

Tomorrow is always a gift that should never be taken for granted.

When a spouse dies, and that spouse’s income stream is lost, the surviving spouse finds out who owned the home; the bank or lender owned your home the entire time.

Unless your home is paid off and the bank or lender is removed from your home title, you don’t own your home.

If you don’t keep making your mortgage payments or paying off your mortgage loan, the bank will foreclose on your home loan, and you will lose your home.

When both spouses or partners are alive, more options are available to make sure the mortgage payments get sent to the bank. When a loved one dies, these options are often cut 40% to 60% when the deceased person’s income stops.

100% of the people we help tell us they would want their home paid off or protected for their spouse or partner if they died unexpectedly.

Ownership doesn’t just apply to owning your home. Ownership also applies to making sure your spouse, partner, and loved ones are taken care of when you are not here anymore. Ownership means you have protected your loved ones not only in life but also in death.

Mortgage protection insurance is an ideal way to make sure your loved ones can keep your home when you’re gone.

P – Payments

If you have a home mortgage loan, you have monthly payments you must make monthly.

If you keep making your monthly payments, the bank or lender allows you to keep your home. When you stop making your mortgage payments, the lender does not like this because they want to get their money every month.

If you make your payments, your lender is happy. If you don’t make your payments, your lender is unhappy. When your bank or lender is unhappy, they will foreclose on your home; you will lose it.

When a loved one dies, most families cannot afford to pay all the bills anymore. They try, they struggle, they cut expenses where they can, but it often is not enough to save the home.

They simply can’t afford the burden of their large monthly mortgage payment without both spouses’ incomes.

It’s worse when only one spouse works, and the other spouse stays at home caring for their children or other family duties. When the sole income earner dies or becomes disabled, the house is lost shortly afterward in almost every case.

Most spouses or partners who stay at home caring for children or taking care of the home have trouble entering the workforce and finding salaries that will pay all the bills.

For single income earning families, having adequate mortgage protection insurance and life insurance is a critical financial safety net for the entire family.

If you are not adequately protected financially when the “grim reaper” visits your family, they will suffer in the worst way imaginable; they probably will lose everything.

Even having a smaller insurance policy designed to pay the mortgage payments for the next 3 to 5 years is a wonderful gift for your partner when the worst happens.

Just knowing they will have enough money to stay in the home while they figure out what their next stage in life will be is a tremendous relief and source of comfort for your partner.

Q – Questions

Most families have many questions about what will happen if a loved one is not around to provide emotional and financial support.

  • How will you afford to stay in the house? How will your children go to college?
  • How will your spouse or partner survive without your income?
  • How will you ever afford retirement?

These “how will” questions will get answered someday; what you do now will determine how these issues are answered in the future.

We are experts in answering questions for you about mortgage protection and life insurance coverage. We can answer your questions about these coverage types and help you determine what will be the best plan for you and your family.

Both mortgage protection and life insurance coverage have specific uses. They each have their advantages and disadvantages. Here are some common questions people ask:

  • How much mortgage protection do I need?
  • Should I pay off the entire mortgage?
  • What is the best insurance company?
  • What is the best type of policy?
  • How long protection should I purchase?
  • How will my poor health impact my ability to get insurance?
  • How will my age impact my ability to get insurance? What will it cost?
  • Can I afford it?
  • Is it worth it?
  • Do I need to purchase it?

These are common questions with all our clients. We are here to help you answer these questions and get the best and most unbiased recommendations in the insurance industry.

We will always do what is best for our clients before doing what is best for us as a business. We’re here to help you with any questions you have about mortgage protection insurance or life insurance policies.

R – Refinancing

If you have a home mortgage, at some point, you will probably refinance your home if you can get a better interest rate.

Years ago, mortgage protection was offered when you purchased your home and was included in your mortgage loan. These policies were convenient and often affordable for most families.

Banks and lenders no longer offer these policies. And if you had one of those policies attached your loan in the past, when you refinanced your loan, this protection went away.

Many homeowners are surprised by this and could not get affordable mortgage protection due to changes in their age and health.

What they thought they owned, they did not own.

The mortgage protection was something they participated in through their lender benefit program, and when they refinanced their mortgage, this coverage was terminated; this was the old mortgage protection.

The new mortgage protection is owned by you. You control the coverage, you control the amount you spend, and you control how long you want to keep the coverage.

If you refinance your home or move, the coverage is transportable; it transfers to your new home. The old mortgage protection listed the bank is a beneficiary; the new mortgage protection lists your spouse or family members as beneficiaries; you control where the insurance money goes.

Unfortunately, we are approached by people in their 50s and 60s, who just refinance their home and realized they lost this old mortgage life insurance coverage.

They’ve grown older, their health has changed for the worse, and often the premium payments are more than they would like to pay. If they had chosen coverage they owned, this would not have been an issue.

The best time to purchase mortgage protection insurance is now.

You are guaranteed to get older tomorrow; there’s a greater risk you become ill or sick tomorrow, and we can never predict the day we will die.

The best time to purchase mortgage protection insurance is always today.

S – Savings

Most families do not have adequate savings in the bank to cover living expenses for an extended period after the death of a loved one.

Most families don’t even have one to three months’ worth of income in the bank should an emergency or death in the family occur.

Even with both spouses or partners working, most budgets don’t have extra room for any significant money in their bank account monthly. Imagine if your budget is tight, and your spouse or partner dies suddenly. What would happen financially?

The surviving spouse or partner will struggle financially as long as they can, they will max out their credit cards trying to stay afloat, and at some point, they cannot make the mortgage payments and the bank forecloses on the home you have worked so hard as a family to own.

The only way to make sure your home stays in your family when a spouse or partner dies is to make sure you have adequate insurance protection in place.

If you don’t have enough money in the bank to pay your mortgage when you die, you need mortgage protection insurance.

T – Term Coverage

We highly recommend you only consider term coverage to protect your home, family, and income unless you are older and have many health issues.

Term insurance coverage is ideal for protecting homes and income for a specified period:

  • If you have a 30-year mortgage, a 30-year mortgage protection life insurance policy would be a perfect solution.
  • If you have a 20-year mortgage, a 20-year mortgage protection life insurance policy would be a perfect solution.
  • If you have a 15-year mortgage, a 15-year mortgage protection life insurance policy would be a perfect solution.

Pricing will depend on some term length and your current age:

  • A 30-year insurance policy will cost more than a 20-year insurance policy.
  • A 20-year insurance policy will cost more than the 15-year policy.
  • It will cost you more for your insurance if you are 45 than if you are 35.

The first question almost all our clients ask is “how much will it cost?” The great thing about mortgage protection insurance is that you decide the cost.

We are experts in helping you understand your options, what companies will look most favorably on your age and health conditions, and help you determine the correct amount of insurance to purchase and the proper insurance policy term length.

If you have significant health issues and are older, you may not qualify for term mortgage protection or life insurance products. In this case, whole life insurance products are available to protect your home, family, and loved ones.

We can help you understand your options and what the premiums will be for any age and health scenario.

U – Underwriting

We have many 50 to 60-year-old individuals approach us after they have just been diagnosed with a heart condition, lung problem, nervous system disorder, or any other myriad of illnesses wanting to purchase mortgage protection insurance.

They made the mistake of waiting until they got sick to buy a policy to protect their home; don’t make this error.

Us humans are creatures of habit. We think that, just because yesterday turned out fine, tomorrow will turn out fine too. Psychologists call this normalcy bias.

We think that, because yesterday turned out well, today will turn out well. We think that, because we were alive today, we will be alive tomorrow.

We feel that what is normal in the past will be normal for the future; this is not always the case.

We get older, our bodies wear out, we succumb to hereditary and environmental illnesses, and life does not go as planned; we’ve always been healthy, so we think will be healthy in the future, but it just does not always work out that way.

The insurance company underwriters are smart people. They can tell you statistically how long you live, what illnesses you may die from, and what it will cost to insure you.

Can you get mortgage protection insurance and life insurance when you are old and sick? Yes, you can; it’s just more expensive than if you are younger and healthier.

At any age, if you are still healthy and on prescription medications, your insurance premiums will always be more affordable than if you are unhealthy and on prescription medicines.

We can help you understand your options and find a plan that will protect your home and fit your budget. We will make sure the underwriters will approve your mortgage protection plan!

V – Victory

When we think of victory, we think of all the wars or military battles in the past when the United States was victorious. Although the United States won the war, many soldier casualties contributed to these military victories. The war was won, but at a great cost in lives lost.

Protecting our homes and families sometimes seems like the same type of victory.

When you die, your family will fight a war against finances, against bills, against limited income, against struggling poverty.

If you have insurance in place when you die, even though you were a casualty, your family can have a financial victory in mortgage protection and life insurance proceeds.

With the correct insurance plan in place, you will assure your family will win the financial war that will surely follow after your death.

Your family will be victorious financially because of the courageous action you took and the short-term sacrifice you made to purchase adequate mortgage protection insurance.

We have no agenda or preference for winning this war that your family will fight after your death. We will help you understand what your options are and always recommend the best product for your family and situation.

We will always place your needs before our needs to make sure you get the best protection available in the insurance industry.

W – Wealth

If you live in an apartment, you will help somebody else increase their wealth.

If you own a home, you will contribute to your wealth.

Homeownership is one of the easiest ways to accumulate wealth over a lifetime. As you pay down your home mortgage balance, and your house increases in value, your equity in your home contributes to your overall wealth.

Owning your own home when you enter your retirement age is a tremendous blessing. Not having to worry about mortgage payments, rent payments, lease payments, or any other lodging or dwelling costs provides a magnificent sense of security for most people.

  • It allows you to preserve your retirement income for other financial needs, rather than mortgage payments.
  • The wealth you built up in your home also may provide for your housing and end-of-life medical care.

For many people, this is the only money they will have to pay for nursing homes and end-of-life care without having to go on government assistance.

The wealth and equity you’ve built up in your home is a financial blessing when you can no longer live in the house and require extended and specialized care.

Your home is also an asset that can be passed down to your children or other loved ones when you’re gone to help contribute to their wealth.

All parents want their children to thrive and flourish financially. When you pass away and your home is paid off free and clear, your loved ones can sell your home to help pay off their homes, they can rent your house and have lifetime passive income, or they can allow your grandchildren to live in your home to get off to a great start.

X – For the signature line on your insurance application

Once you submit your application and are approved, your family and home will be protected going forward.

If you love and care about your family, you will make sure they are protected in life and in death.

By signing on the X on the mortgage protection of life insurance application, you are protecting your home, family, and loved ones for years to come.

Taking care of and protecting the vulnerable people around you is one of the most loving and unselfish things you can do. Mortgage protection insurance does this for you and your family.

Y – Yearly Review

All financial and insurance plans should be reviewed yearly. It’s always best to understand your coverage amounts, coverage periods, and other restrictions and limitations of your insurance policies.

As your family grows, your financial needs and obligations will change. If you’re not reviewing your insurance plans yearly, every 3 to 5 years may be appropriate.

A lot can happen in five years.

  • Many families have the joy of adding the children to their family.
  • Many families’ income levels increase over five years.
  • Many families purchase additional real estate investments.
  • Many families add new unsecured debt to their budgets in car payments, credit card payments, boat or trailer payments etc.

Reviewing your insurance needs every three to five years will help make sure your family and assets are always protected, and you’re getting the best-priced protection at the exact time it is needed.

We do lots of policy reviews for people with existing life insurance policies. Many people we talk with have coverage that differs greatly from what they remembered when they purchased insurance.

  • They may not have realized they purchased a policy that would increase in cost as time went on.
  • They made not have understood the policy they bought would go away if they didn’t increase their premium payments.
  • They may not have realized the insurance they purchased 50 years ago has been eroded by inflation.

We are experts in reviewing your current life insurance mortgage protection policies to make sure you have the best and most affordable mortgage protection or life insurance products available to protect your home and family.

Z is for zero risk

There is zero risk in requesting information and mortgage protection quotes to see if mortgage protection or life insurance protection is appropriate for you, your family, and your home.

We offer free quotes online and free telephone assessments.

We do all this over the computer and telephone. There is no need for you to take time out of your busy day to travel to an insurance salesman’s office.

You don’t have to have somebody visit your home and pressure you into an insurance product you don’t want. We are proud of the way we operate our business as we always put our clients’ needs first.

We can help you:

  • If you’ve ever had a bad experience with an insurance salesperson, call us.
  • If you’ve been denied for mortgage protection life insurance in the past, call us.
  • If you have recently been diagnosed with an illness and still need mortgage protection life insurance protection, call us.
  • If you’re overweight but working to lose weight and still need insurance, call us.
  • If you have a tight budget with little wiggle room, call us.
  • If you only have employer-provided life insurance, call us.

There are many reasons it is important to protect your home… the most important is your family. The second most important is to protect your financial investment.

Nobody wants their spouse or partner to lose their home after a death or disability occurs. Mortgage protection allows your loved ones to keep your home after you are gone. Protecting your family with mortgage protection is a gift you hope your family will never need, but a gift that is there for them if the worst ever happens.

We’re here to help you understand your options and help you find affordable insurance protection that will protect your home and family and fit your budget.

About 75% of the time, our customers are surprised to find out they don’t have what they think they had with their insurance coverage, or are surprised to find there were better options available. We make sure our customers know what they are purchasing, as well as all policy inclusions and exclusions.

We do things differently

We believe if we treat you fairly, are honest, and get you the best pricing available, you will come back to us in following years. We also believe you will refer us to your family and friends. This is good business, and this business never has to be purchased through leads!

We also don’t pressure our clients into purchasing products they don’t need or sell them overpriced mortgage protection policies. We make sure our customers understand what their plan costs and why we recommended it to them.

We are happy to be a 100% independent insurance agency, and not an IMO or MLM insurance agency. This gives us greater freedom to serve our clients better, and get them the best pricing for the mortgage protection insurance they so desperately need.


We work with individuals across the nation to secure the best mortgage protection rates.

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