Sunlight Insurance Group LLC © All Rights Reserved.
You have recently purchased a house. Are going to purchase a house soon, or just forgot and now realize you need mortgage protection. Whatever the reason, you have made the right decision.
Let’s step back a bit. What is Mortgage protection? Mortgage protection is a Life Insurance Product that pays your mortgage in case the unthinkable happens; death. It pays the mortgage and whatever bills necessary for your family to continue without the hardship that may come without its protection.
Mortgage Protection usually comes in the form of a Term Life Insurance product. Why?
These are all good reasons to purchase Term Insurance.
Dave Ramsey says, “Buy term insurance and invest the rest.” and “Only buy what you need.” Good advice Dave. (Dave from The Dave Ramsey Show)
Things you want to make sure are included.
Everyone should have a Term Policy. Do not wait. Buying this policy is the foundation to a successful financial future and it could cost as low as $10 per month.
How to save money.
Always contact an independent agent. He/she will have access to many insurance carriers. The independent agent will make it in his/her best interest to find you the lowest rate at the best terms possible. This is not the case with other agents who only represent a single company. They often push a single product and over charge their clients. Selling their clients on the Bundle. Why pay $25 when you can pay $10. Save $2 when you bundle. It just doesn’t make sense.
Do not buy more than you need. Why buy 5 Million Dollar in coverage when it’s not needed and may never be received. Remember Term Life insurance only last as long as the policy. There is no cash value. It there only if needed. Not to make you rich.
One last thing. Term can be purchased at highly needed times. Let’s say a child is born and you want to make sure the family would have a little extra money for college expenses. So it is possible to buy a 10 year term for the need. Stack a second policy to cover that specific event. It is flexible.
Wow …. That is a lot to think about. You probably like most smart people want to have a professional contact you. If you fill out the information below a professional will contact you within 24 hours. Almost everything can be completed on the phone. However some agents are required to meet with you for signatures or follow up documentation.
Don’t delay. Hope this helped?
Enter your information on the form below…….