How to pay your mortgage from the grave?
A life insurance product can now allow your mortgage to be paid if your breadwinner dies.
The Payment Protector coverage works like traditional life insurance, but without the expensive premiums or arduous examination. With Americo’s Payment Protector a family can pay a premium every month in addition to their mortgage payment and if there is a death to the insured, the premium stops and the death benefit pays out for the lifetime of the mortgage. This variation of insurance allows for a higher death benefit than lump sum payments at an affordable monthly cost. Best of all, the coverage is portable, so if you move or refinance, it stays with you. It is also available in many States up to age 70 for those who qualify!
Want to see what it would cost to protect your mortgage? Simply fill out the quote request form below and I’ll generate a quote for you. Have any questions? Just hit reply and email me, or my phone number is up top.
Americo Financial Life and Annuity Insurance Company is authorized to conduct business in the District of Columbia and all states except NY and VT. HMS Plus Payment Protector (Policy Series 303) is underwritten by Americo Financial Life and Annuity Insurance Company(Americo), Kansas City, MO, and may vary in accordance with state laws. Some products and benefits may not be available in all states. Certain restrictions and variations apply.