Taking out a mortgage to purchase a home is one of the biggest financial decisions you will ever make. You spend hundreds of thousands of dollars on a home for your family, but without a mortgage protection plan, your family's home could be at risk.
If you are like most American families, your loved ones would struggle to make the mortgage payments if you or your spouse suddenly passed away. Your family may even lose the home you worked so hard for. Mortgage protection insurance is a type of life insurance that covers the remaining balance of your mortgage when you pass away, so your family will not have to. In some cases, the policy will also cover costs like your final expenses and other outstanding loans or debts.
If you have a home mortgage, you can easily protect your family from losing their home with low monthly payments that won't increase over time. We offer coverage plans based on the amount that you owe on your mortgage, but you can choose more coverage if you would like. We also offer additional options that will waive your premium payments if you become unemployed or disabled. Some of our plans will even double your family's benefit amount if you pass away from an accidental injury. It is important to plan ahead so that your loved ones will have financial stability and a good home, even when you are not there to provide for them.
If you are interested in mortgage protection insurance for your family, please fill out the form to the right. We will have a knowledgeable insurance agent contact you to help you find a policy that suits your coverage needs and your budget.
ALUSA Life is one of the top selling companies of mortgage protection insurance. This is because we understand what is most important to you: your family and their future. We have licensed professionals who specialize in mortgage protection insurance. One of our knowledgeable agents will get to know you so he or she can help you find a plan that provides the coverage you need at a price that suits your budget. We strive to provide quality products and excellent customer service.