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Let's Make Sure Your Family Keeps the Home You Built Together!
Let's Make Sure Your Family Keeps the Home You Built Together!
Term Life Insurance (Most Common Option)
Term Life Insurance (Most Common Option)
Best for: Homeowners seeking affordable, temporary protection during their mortgage years.
Coverage Length: Matches your mortgage (10, 15, 20, or 30 years).
Payout: Lump-sum death benefit goes directly to your chosen beneficiary, not the lender.
Flexibility: Funds can be used for mortgage, bills, or any financial need.
Cost: Lower premiums than permanent life insurance.
Convertible: Some policies allow you to convert to permanent coverage later.
Ideal for families in their early to mid-mortgage years who want maximum coverage for a low price.
Coverage Length: Matches your mortgage (10, 15, 20, or 30 years).
Payout: Lump-sum death benefit goes directly to your chosen beneficiary, not the lender.
Flexibility: Funds can be used for mortgage, bills, or any financial need.
Cost: Lower premiums than permanent life insurance.
Convertible: Some policies allow you to convert to permanent coverage later.
Ideal for families in their early to mid-mortgage years who want maximum coverage for a low price.
Return of Premium (ROP) Term Policy
Return of Premium (ROP) Term Policy
Best for: Homeowners who want coverage and their money back if they outlive the policy.
Coverage: Same protection as standard term life.
Bonus: If you outlive the policy, you get 100% of your premiums back—tax-free.
Cost: Higher monthly premiums, but you get your money back if no claim is filed.
Peace of Mind: Win-win scenario—protection if needed, refund if not.
Perfect for clients who view life insurance as an investment and don’t want to “lose” unused premiums.
Coverage: Same protection as standard term life.
Bonus: If you outlive the policy, you get 100% of your premiums back—tax-free.
Cost: Higher monthly premiums, but you get your money back if no claim is filed.
Peace of Mind: Win-win scenario—protection if needed, refund if not.
Perfect for clients who view life insurance as an investment and don’t want to “lose” unused premiums.
Permanent Mortgage Protection (Whole Life/IUL)
Permanent Mortgage Protection (Whole Life/IUL)
Best for: Homeowners who want lifetime protection and want to build cash value.
Coverage Length: Lifetime—never expires as long as premiums are paid.
Cash Value: Builds savings over time that can be borrowed from if needed.
Premiums: Higher than term, but locked in for life.
Uses: Pays off mortgage, covers final expenses, or creates legacy funds.
Ideal for homeowners who plan to carry mortgage debt into retirement or want added financial tools.
Coverage Length: Lifetime—never expires as long as premiums are paid.
Cash Value: Builds savings over time that can be borrowed from if needed.
Premiums: Higher than term, but locked in for life.
Uses: Pays off mortgage, covers final expenses, or creates legacy funds.
Ideal for homeowners who plan to carry mortgage debt into retirement or want added financial tools.
Living Benefits (Accelerated Death Benefit Riders)
Living Benefits (Accelerated Death Benefit Riders)
Best for: Families who want access to their benefits while still living if serious illness strikes.
Conditions Covered: Chronic illness, terminal illness, critical illness (e.g., heart attack, cancer, stroke).
Payout: Access part of the death benefit early—while you're still alive—to cover bills or medical care.
Included or Optional: Some policies include it automatically; others offer it as a low-cost rider.
A powerful safeguard if you can’t work or need financial help during a medical crisis.
Conditions Covered: Chronic illness, terminal illness, critical illness (e.g., heart attack, cancer, stroke).
Payout: Access part of the death benefit early—while you're still alive—to cover bills or medical care.
Included or Optional: Some policies include it automatically; others offer it as a low-cost rider.
A powerful safeguard if you can’t work or need financial help during a medical crisis.
Disability Income or Waiver of Premium Riders
Disability Income or Waiver of Premium Riders
Best for: Self-employed individuals or breadwinners who depend on earned income to make the mortgage payment.
Disability Income Rider: Replaces part of your income if you’re unable to work due to injury or illness.
Waiver of Premium Rider: Waives future premiums if you become disabled.
These options protect your mortgage and your income at the same time.
Disability Income Rider: Replaces part of your income if you’re unable to work due to injury or illness.
Waiver of Premium Rider: Waives future premiums if you become disabled.
These options protect your mortgage and your income at the same time.
Frequently Asked Questions – Mortgage Protection Insurance
Frequently Asked Questions – Mortgage Protection Insurance
1. What is mortgage protection insurance?It’s life insurance designed to pay off your mortgage if you pass away or become critically ill, ensuring your family can stay in the home.
2. Is this the same as PMI (Private Mortgage Insurance)?No. PMI protects the lender—mortgage protection protects your family by paying off your home if something happens to you.
3. What types of coverage are available?You can choose from term life, return of premium, or permanent policies—with optional add-ons for disability or critical illness.
4. What happens if I outlive the policy?If you have a return of premium policy, you’ll get all your money back. With regular term, the coverage simply ends.
5. How much does it cost?Plans are based on your age, health, mortgage amount, and the type of policy. Many start under $1/day.
6. Do I need a medical exam?Some policies require an exam, but many qualify for simplified or no-exam coverage depending on age and health.
7. How quickly can I get covered?Some carriers offer same-day approval. Once approved, your family is protected immediately.
2. Is this the same as PMI (Private Mortgage Insurance)?No. PMI protects the lender—mortgage protection protects your family by paying off your home if something happens to you.
3. What types of coverage are available?You can choose from term life, return of premium, or permanent policies—with optional add-ons for disability or critical illness.
4. What happens if I outlive the policy?If you have a return of premium policy, you’ll get all your money back. With regular term, the coverage simply ends.
5. How much does it cost?Plans are based on your age, health, mortgage amount, and the type of policy. Many start under $1/day.
6. Do I need a medical exam?Some policies require an exam, but many qualify for simplified or no-exam coverage depending on age and health.
7. How quickly can I get covered?Some carriers offer same-day approval. Once approved, your family is protected immediately.
⭐ Client Story: “We Didn’t Lose the House — Even After Losing Him.”
⭐ Client Story: “We Didn’t Lose the House — Even After Losing Him.”
"When my husband passed unexpectedly, the last thing I wanted to worry about was how to keep a roof over our kids' heads. Thankfully, we had set up mortgage protection through Dylan just a year earlier. Within weeks, the policy paid off our home. I didn’t have to move, sell, or stress about making payments alone. It was the smartest financial decision we ever made—one I’ll forever be grateful for."
"When my husband passed unexpectedly, the last thing I wanted to worry about was how to keep a roof over our kids' heads. Thankfully, we had set up mortgage protection through Dylan just a year earlier. Within weeks, the policy paid off our home. I didn’t have to move, sell, or stress about making payments alone. It was the smartest financial decision we ever made—one I’ll forever be grateful for."
– Melissa J., Arlington, TX
– Melissa J., Arlington, TX
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