Hello, I’m Chad McMahan with Protect With Insurance, this is another video blog episode, and this one is what is a mortgage protection plan. First of all, there are a lot of names for the same thing. So if you’ve heard of mortgage protection, mortgage protection insurance, mortgage protection plan, mortgage protection policy. https://www.protectwithinsurance.com/what-is-a-mortgage-protection-plan/
Mortgage Protection Insurance is the most powerful tool homeowners have. It pays off your mortgage debt in the event something happens to you. In many cases, we can go above and beyond the death benefit and we can also provide “living benefits” to our clients. This means, if you are diagnosed with a terminal, chronic or critical health condition, the policy pays YOU while you are alive, tax-free. This is hugely important. View more posts
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