Friday was definitely a crazy day! I saw horrific videos of trees falling onto sheds and ice pellets coming down. The affects are still seen today. Many homes are still without power, roof shingles torn off and trees are in pieces. Three men died due to this storm and it got me thinking about mortgage life insurance.
Do you have life insurance in place to protect your surviving loved ones? Is it enough to cover your mortgage and for future income and for the kids future education? When was the last time you reviewed your life insurance with your broker?
Debt Replacement Insurance:
Do you have mortgage life insurance in place for your mortgage debt? Many people feel that the life insurance with work is enough. But life insurance through work is only 1 1/2 times your income and 2 times if lucky. Most times, this is NOT enough to pay off your mortgage.
As a mortgage agent, we must offer mortgage insurance protection. Call me today and let’s chat more.