Mortgage Protection Insurance is the most powerful tool homeowners have. Mortgage Protection is a type of whole life insurance that is issued to pay for your mortgage payments in the event something happens to you.
Use the money to:
1.) Pay your mortgage payments
2.) Pay your medical bills
3.) Give your spouse the financial buffer to list the home for sale or rent it if you are gone.
4.) Tax-Free Cash to use as you like in the event you are diagnosed with a Terminal, Critical, or Chronic Illness.
Mortgage Protection is for anyone who has a mortgage. Even if you plan on moving or selling your home it does not matter. The policy will always follow you.
Mortgage Protection Insurance is the same exact policy as a Whole Life Policy so you get all of the same benefits of a Whole Life Policy.