Mortgage Protection, also known as Mortgage Life Insurance, is a niche policy that can help you protect your home should the unthinkable happen.
As the name of the policy implies, a Mortgage Insurance policy is designed to address your mortgage debt should you pass before it’s been paid in full.
At Everett Callahan Insurance Agency, Inc., we can help you choose between two viable Mortgage Insurance options:
- Decreasing Term (where the coverage decreases with the balance until they both reach zero)
- Level Term (where the coverage amount does not decrease)
If you would like to learn more about Mortgage Insurance, one of our dedicated agents is standing by to speak with you.
Contact us now.