The odds of your house being destroyed by fire are considerably less than the possibility of your family losing your home through the untimely death or total disability of the breadwinner, because without your income your family would still have to make your monthly mortgage payments. Think about it.
How long would it take for your family to adjust to life without you? Two years... five years... maybe ten? And how long could your present savings and other insurance sustain them? To build adequate reserves to ease them over this period of adjustment could be costly, and could make you forfeit today's pleasures for tomorrow's security.
With Mortgage Protection that isn't necessary. For a reasonable cost, you can enjoy today and still be secure in knowing your family's future is protected. When you select to buy Mortgage Protection insurance, you take an important step toward a more secure future for you and your loved ones.
Some people say I have life insurance on my job. Having life insurance on the job is better than nothing, you should have a personal policy; why?
Your job, if you ever left, fired, laid off, quit, retire, no more group life insurance. (At work your job owns your policy) Therefore you should have your own policy as well. Young and healthy is the best time to get life insurance you are rated based on your health and age and some other factors.
Life insurance is not something you can get when ever you feel like it, it's like applying for a credit card either your approved as applied for, approved at a higher rate or your insurance is decline.
Keep in mind it's important that you start your coverage while you're in good health, age is also a factor remember your family is your most valuable asset.
Thank you for reading.
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