05/10/2022
Life Insurance Tip of the Day:
You can use Term Life policies as mortgage protection. The benefits are...
•The amount of coverage isn't limited to your mortgsge amount.
•The death payout remains the same for the term of the policy.
•The money goes to your family members, not the mortgage company.
•You don't lose the policy if you move to a new home.
•you can stack policies so you can decrease the insurance benefit over time as your mortgage balance decreases, so you're not paying for coverage you don't need.
Contact me for details!