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Every family's situation is different, so there's no one-size-fits-all policy. Below are the main types of coverage I help people with. If you're not sure where to start, that's fine. We'll figure it out together.
What Is Mortgage Protection?
What Is Mortgage Protection?
Mortgage protection is a life insurance policy built around your home loan. If you pass away while the policy is in force, the benefit is paid directly to your family, not the bank. They can use it to pay off the mortgage, keep making payments, or cover other bills. The choice is theirs.
Many mortgage protection policies also offer living benefits, which may let you access part of your benefit early if you're diagnosed with a qualifying serious illness, such as a critical, chronic, or terminal illness. Some policies also offer a return-of-premium option that can refund the premiums you've paid if you outlive the policy term. Features, eligibility, and costs vary by carrier and policy.
Products
Products
Mortgage Protection Life insurance sized to your mortgage, designed to help your family keep the house if you're not there. The benefit goes to your loved ones, and many policies include living benefit and return-of-premium options.
Term Life Insurance Coverage for a set period, such as 10, 20, or 30 years. It's often the most affordable way to get a larger amount of protection during the years your family depends on your income most.
Whole Life Insurance Permanent coverage that lasts your whole life as long as premiums are paid. Premiums are typically level, and the policy builds cash value over time that you may be able to borrow against.
Final Expense A smaller whole life policy meant to help cover funeral costs, medical bills, and other end-of-life expenses. It's often easier to qualify for, and many plans don't require a medical exam.
Indexed Universal Life (IUL) Permanent life insurance with cash value that can grow based on the performance of a market index, like the S&P 500, without being directly invested in the market. Growth is subject to caps and floors set by the carrier, and these policies have more moving parts, so I'll explain how they work before you decide.
Health Insurance I can help you look at health coverage options for you and your family. Plan choices and availability vary by state, and I'll help you compare what's available so you can choose a plan that makes sense for your needs and budget.
Frequently Asked Questions
Frequently Asked Questions
How much does mortgage protection cost?
It depends on your age, health, tobacco use, coverage amount, term length, and the carrier. That's why I compare several companies. Once I know a little about you, I can show you real numbers.
Do I need a medical exam?
Not always. Many policies can be approved with a phone interview and health questions instead of an exam. Some larger coverage amounts or certain carriers may still require one. We'll look at both options.
What happens if I pay off my mortgage or move?
Your policy belongs to you, not the house or the loan. As long as premiums are paid, your coverage stays in place, and your beneficiaries can use the money however they need.
Is this the same as PMI from my lender?
No. Private mortgage insurance (PMI) protects your lender if you stop making payments. It doesn't pay your family anything. Mortgage protection is life insurance that pays your chosen beneficiaries.
Can I get coverage with health issues?
Yes. Each carrier looks at health conditions differently, and some offer simplified or guaranteed-issue options. Approval and pricing aren't guaranteed, but working with many carriers gives you more chances to find a fit.
How fast can coverage start?
Fast. Most of the plans I offer are simplified issue, so there's no medical exam, and many carriers give an instant decision right on the call. A few take a day or two to finish their review, and I'll keep you updated the whole way.
Is there a cost to talk with you?
No. There's no charge to talk with me or get a quote, and no obligation to buy. If you do choose a policy, I'm paid by the insurance company, not you.
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