Mortgage Protection

What is mortgage protection? It's a way to protect your home. The policy offers 2 cash back options and 4 terms. Clients can choose from 15, 20, 25, and 30 year terms, and cash back options of 50% or 100% of premiums paid into the policy, minus any additional riders. You get an instant decision. Along with your base policy, you get the option to add other riders.

The accidental death benefit rider is provided up to age 70. If the insured dies within 90 days of an injury, 2x the death benefit will be received. You can add a children's rider for up to $15K per child, a disability income rider, or an involuntary unemployment waiver of premium rider. The involuntary unemployment waiver of premium rider provides for payment of the mortgage in the event of involuntary unemployment. The disability rider will provide payment for the mortgage in the event of disability.

Minimum issue age is 20 and issues up to age 75 (there is no mortgage needed). Benefits range from $25K to $400K. The cash back can be used to pay the mortgage off early, take a vacation, finance a child's college education, or invest into an annuity to provide an income stream for retirement.