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Mortgage insurance is a topic that uh, is on the top of everybody's list, and the reason
for that of course is today,
uh, most people have a mortgage.
And uh, today those mortgages are pretty high.
And uh, people wonder, well what would happen to my mortgage if one of the spouses died, or
got disabled, uh, how would we be able to
to keep the house?
And of course it's a good question, because everybody's house is their home, it's their
castle.
Mortgage insurance that the, the term that you hear at the bank,
when you hear it from somebody in the bank, is specifically only about the mortgage and
only about covering the bank.
Because if you die, the money is paid to the bank.
Uh, you have no control over it,
uh, the cost is figured out every month. The big problem with mortgage insurance at the
bank,
is if you remortgage, or change mortgage companies and it's not transferable.
So, if you have a health challenge or something of that nature,
you may not in fact be able to take it with you.
The Benefit Guys offer solutions for mortgage insurance. We have many providers,
where we can provide some inexpensive term insurance
for either the term of your mortgage, or how long do you anticipate to pay it off.
The coverage uh, will remain the same.
And, the money is paid to you if somebody dies, it's not paid to the bank.
It's portable, it's transferable.
So the nice thing about it, is if there's extra money left over,
you get it,
not the bank. And, the other thing about it of course,
is that you control when it gets paid. So, if there's an untimely death
and it's perhaps not a more, uh, the best convenient time to pay it off from a financial
perspective,
because of uh, bonuses, penalties, things of that.
You might just want to put the money in the bank and best pay it off in three months, six
months, or nine months. So, when you think of mortgage insurance from The Benefit Guys,
think of it as money that comes in
with the intention of paying your mortgage.
It's portable.
You take care of it, You deal with it,
you're in control.
Contact one of our local affiliates for more information, or contact us directly.
Thanks for stopping in.