YOUR HOME. ENSURE THAT YOU'LL
LEAVE A DEED, NOT AN UNPAID MORTGAGE.
A Home Loan Insurance Policy, sometimes referred to as Mortgage Cancellation Insurance, or Mortgage Protection Insurance, protects the homeowner's family by insuring the funds are available to payoff the mortgage in the event the insured homeowner dies before completing their mortgage payments.
Thereby cancelling the mortgage and Leaving a Deed, Not a Debt, for the surviving family.
An overwhelming percentage of home foreclosures in the U.S. are the direct result of the inability of a surviving homeowner to continue to make the mortgage payments after a death or disability of a family income provider.
Low Cost Level Term life Insurance is the most common type of life insurance chosen to provide a Home loan insurance policy.
Without a Home loan insurance policy, the surviving family is left with a mortgaged home and a payment that they may not be able to keep up. Ultimately, they could lose their home through foreclosure, or a forced sale to prevent foreclosure.
We have nearly 50 years experience helping our clients buy life insurance with no medical exam.
It is now easier than ever before to apply for Home loan insurance without a medical exam.
Ethos Technologies has provided online quoting and application tools that makes it possible to purchase from $100,000 up to $1,000,000 of Level Term Life insurance online, in private, without a face to face agent visit and usually without a medical exam..