During uncertain times, don’t let your family’s home be one of them
Have you ever found yourself lost in thought, wondering what would happen to your family if the unexpected happens and you or your spouse are no longer able to provide? It’s a very real & valid concern.
You’re not alone – 6 in 10 American households say that they would have difficulty paying everyday living expenses like their mortgage if one of the household incomes were impacted. It doesn’t have to be that way.
The peace of mind is knowing your loan will be fully repaid & you won’t have to worry about your family struggling to make mortgage payments or forced to downsize. Make sure the people you love can remain in the home they love, should you die before the loan is paid off, lose your job or become disabled.
Lenders like mortgage protection too, because it lowers the risk of foreclosure. They know the loan will be paid off if you pass and they won’t have to knock on your door to ask for payment.
SIMPLE, SECURE AND FAST
Get coverage in 3 easy steps
Get a quote
To get a insurance quote, simply answer a few questions about your health and see the estimated costs for various policy options.
Apply in minutes
The application process is fast and straightforward – you can get insured in about 10 minutes.
Instant approval
With instant approval, you don’t need to fill out multiple forms, get a medical exam or wait a month to find out if you’re approved.
Peace of mind for the price of a nice dinner. In just ten minutes, you could qualify for a policy that could protect your family for decades
No medical exams.
No pushy sales people.
No rate increases.
BENEFITS
No Medical Exams
No needles, urine or physicals to get covered
Portable Policies
If there’s a chance you will move, you can take your mortgage protection
policy with you to your new home.
Rate Lock
You don’t have to worry about rates going up every 5 years.
Living Benefits
Ensure the mortgage would be paid while you’re and dealing with an illness or disability.
No Waiting Period
The unexpected happens the day after your coverage is in force? You’re
covered!
Now or Later
Have a plan set for a period of time or keep it active forever
In just ten minutes, you could qualify for a policy that could protect your family for decades
THE CHOICE IS YOURS
We work for you & nobody else
With over 30 top-rated insurance carriers, it’s truly in our best interest to help you find the plan that best fits your needs & budget.
No pushy sales people or having to talk to 30 different people.
At the click of a button get access to hundreds of the household name insurance companies and filter down to find the best options.
0 spam calls or emails - We hate spam, too. You’ll never get it from us and we’ll always protect your information.
WHY MORTGAGE PROTECTION?
When it comes to tomorrow, a lot of things are up in the air. That’s why it’s important to be as prepared as possible. Mortgage protection is important to make sure you have the right coverage for those unexpected events. Don’t just take our word for it – check out what others are saying
Kathleen C - Customer
Her and her husband bought their home & their mortgage broker introduced them to mortgage protection which they got, thinking they’d never need it. Then the unexpected happened & the biggest bill was taken care of & helped her focus on her recovery.
Astrid M - Mortgage broker
As a mortgage broker, Astrid
knows she plays a big role in educating her clients on protection options. That’s why she makes it a point to discuss mortgage protection and how it can help if something big
happens.
Liz C- Customer
Liz’s cousin knew the value of insurance to protect the people she loved. When she unexpectedly passed away from an illness, life changed for the rest of her family. Knowing they didn’t have to worry about paying off the mortgage brought some relief and helped her family move forward.
FREQUENTLY ASKED QUESTIONS
Mortgage Protection
● Makes your premiums in case of job loss*
● Pays your mortgage if you become sick or disabled
● Money goes to your family & is tax free
● It is portable – new home? It travels with you
* Available in most states. Limitations may apply. Benefits and carriers will vary for coverage and subject to underwriting approval, product limitations and availability
Homeowners Insurance:
● Damage to your home in severe weather and water conditions
● Theft of your belongings
● Vandalism of your house and property
● Fire damage to your home
● Personal injury lawsuits if someone gets hurt on your property
People often get Private Mortgage Insurance and Mortgage Protection confused. Private Mortgage Insurance is the type of protection that safeguards the lender if you stop paying on your mortgage loan. As the borrower, PMI doesn’t afford you any type of protection if you pass
away unexpectedly. If you can’t pay your mortgage & you have PMI, your home will still likely go into foreclosure.
This kind of insurance is usually mandatory if you put less than 20% down. That’s because borrowers who can’t put 20% down are seen as a riskier person to loan money to.
In most cases, yes! Mortgage protection has a high acceptance rate and most plans are offered without a medical exam.
Mortgage protection is one of the most inexpensive types of insurance and often more affordable than purchasing a separate whole life policy.
In general mortgage protection is highly affordable, your premiums are locked in during your term and do not increase. Your premiums take into account your current age at the time of issue, your gender and your death benefit amount.
As a homeowner, you have so much to look forward to: exploring the neighborhood, making new friends and creating memories. That’s a future worth protecting.
American Life Broker is a convenient way to get insurance on your terms. Whether you’d like to secure coverage entirely online or speak with a licensed agent virtually, or by phone, we’ve got you covered. With over 30+ trusted carriers, the American Life Broker team is dedicated to finding you the best policy at the best price.