Traditional Mortgage Protection

It's not worth risking your largest asset if you are not around.
What is Covered
Death Benefits to Beneficiary
TRADITIONAL COVERAGE - Pays your beneficiary upon your death of any kind, due to natural causes. The only exception would be suicide in the first two years of the policy.
tax free to beneficiary
These plans are designed to pay out one lump sum to your beneficiary upon your death. Tax-Free!
tax free to beneficiary
This is an add-on rider that gives you the option to receive a monthly benefit of up to $1500 for a maximum benefit period of 2 years in the event you become Totally Disabled. The Accident Only rider will give you the option to receive a monthly benefit of up to $2000 per month for a maximum period of 2 years.*2%20Options%20Traditional*png?alt=media&token=77ca319b-2881-40f6-b7a6-4ea93f9af530*The%20Old%20Way-2*png?alt=media&token=75aabe8a-7f2f-4680-9464-66d5d2359cc7
  • It used to be that you had to do this directly through your lender. 
  • You paid for it, but they owned it AND they were the beneficiary of the policy, not your family or spouse.
  • It was a great deal for the lender but not so good for you and your family.
  • The coverage was non-transferable.
  • If you sold your home and moved, you had to get a new policy at an older age and at higher rates.
  • Every year you live, the value of the policy would go down but your payment would stay the same.
  • It would only pay out if you died.
  • Lastly, if you outlive the policy, they never gave you an option to get any of your premiums back.*The%20New%20Way-2*png?alt=media&token=c45d9966-6164-4677-aaf8-89a06affe416
  • Nowadays, people handle their mortgage protection directly. You still pay for it, but you own it, and you choose the beneficiary.
  • This allows the policy to be completely transferable. If you move, it goes with you. If you change lenders or your lender sells your loan to another lender, it doesn't affect your coverage.
  • You no longer have to renew at an older age.
  • By doing it the new way, you guarantee your age, health, benefits, and beneficiary. This puts YOU in control of your mortgage protection and that's how it should be!

  • There are some very important factors to consider when getting mortgage protection for your home and family:

  1. You have to look at the history of the carrier you get coverage with. You want to make sure they have been around for a very long time. 
  2. Also, the rating of the company is important as well.
  3. All the carriers we work with are rated with AM Best and that's public information.
  4. We use ONLY A-rated carriers. This guarantees strength, stability, and claims-paying ability. They MUST pay the claim no matter how or where. (not just for accidental death).
  5. We carry a dozen different carriers & approximately 35 different products.
  6. We shop through ALL of them to find you the best fit with the lowest rates.
  7. Because each company introduces a product with a specific segment of the population in mind (age, smoker/ nonsmoker, health, etc.), It's important for us to have a number of different options available to fit everyone's needs and budget.
  8. When we receive your information from the form that you filled out, we will shop all our carriers and find the LOWEST RATES based on your information and need for coverage.*families%20packing%20and%20moving*png?alt=media&token=b486c899-4849-4d0c-b7c2-338c92833826

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