Monday, September 14, 2009
Mortgage Life Insurance
Mortgage Life Insurance will protect the mortgage customer in case of death or disability. Customers are able to receive peace of mind that their mortgage will be covered and paid off in the event of an emergency. The Financial Institution or Lender receives coverage on assets in case of emergency. Mortgage Life helps protect assets outside of Life Insurance coverage, and covers customer's largest debt. Mortgage Life can be offered at point of sale through Loan Officers or direct mail. More and more protection is offered only through point of sale to save on mailing costs. Mortgage Life is a product designed to protect the insurer and the Lender.
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