What Is An Insurance Premium?
Mortgage Protection Plan’s Life Insurance Premium:
What you pay monthly in order to ensure your mortgage is paid off in the event of a death.
Mortgage Protection Plan’s Disability Insurance Premium:
what you pay monthly in order to ensure your mortgage payments are made if you can’t work due to a short term disability.
A Term Life Insurance Premium Could Increase or Inflate Over Time
Scenario : You buy a 10-year term life insurance policy expecting to renew at the end.
Insurance premium increasers:
- Renewing means premiums which are 400-500% higher
- Applying fresh could mean losing great rates due to health problems
- Worse, You or your spouse could become uninsurable by a medical diagnosis
Mortgage Protection Plan’s Insurance Premiums Don’t Increase or Inflate
- Once you’re health is initially reviewed, we don’t review your health ever again
- Your premium is precisely calculated to avoid over insurance but maintain steady payments
- EVEN if you get a bigger mortgage, you’ll stay forever young, only the additional amount will be insured at your new age
Never Increasing Your Insurance Premium Is How We Take Care Of Your Family
