Protect Your Piece of the American Dream with Mortgage Protection
It Costs So Little to Protect So Much
For most working-age families, the home is their biggest asset and its mortgage is their biggest liability. Ask yourself these questions:
If one of the breadwinners died, could your family stay in your home?
If one of the breadwinners was disabled, could the family afford your mortgage payments?
If one of the breadwinners has a chronic illness, could the family afford your mortgage payments?
It costs less to solve the problem now, than it does to ignore it.
The need to provide for those you leave behind is timeless; yet as each year passes by, you are more and more likely not to live to pay off your mortgage. In fact, for a thirty-year mortgage, at age forty, the chance is 20%; at age fifty, its 40%. If you are not adequately protected, you may leave your family with a mortgage that they are unprepared to pay.
Your policy may include........
DEATH BENEFIT
At the heart of our policies is a death benefit that can be used to pay off your mortgage leaving it free and clear for your family. You have the control to decide if you want to cover the whole amount of your mortgage or just a portion.* Whichever plan or amount you choose, Aultium Insurance Services's A Rated companies offer you the piece of mind you desire.
TERMINAL ILLNESS RIDER
This rider allows the owner to accelerate some or all of the Insured Person's life insurance benefit in the event the insured is diagnosed with a terminal illness. a terminal illness is an illness or physical condition that is diagnosed and certified by a physician to be reasonbly expected to result in the insured's death within 24 months.
DISABILITY INSURANCE
According to the Social Security Admin. in 2014 more than 10.9 million americans are receiving disability payments from Social Security. These disability payments rarely cover the total household expenses or even just the mortgage payment. This rider provides a predetermined monthly income while you are disabled. This predetermined monthly amount could be structured to cover your current monthly mortgage payments.
CRITICAL ILLNESS RIDER*
Some would argue that your home isn't your most valuable asset - it's your ability to earn money. A critical Illness rider can allow the owner to accelerate a portion or all of the insured's base life insurance benefit if the the insured is diagnosed with a critical illness or conditions such as a Heart Attack, Stroke, Major Organ Transplant, Invasive Cancer, Blindness, Paralysis, End Stage Renal Failure, Paralysis or ALS.
CHRONIC ILLNESS RIDER
Bathing, Continence, Dressing, Eating, Transferring and Toileting or the 6 Activities of Daily Living. About 91% of older adults have at least one chronic condition of ADLs, and 73% have at least two. 73% respondents say to a recent survey say serious health problems are their major worry about living to age 100. Does your current life insurance cover you in the event you LIVE with 2 of these chronic conditions. Inquire for a Free Quote to find out more about insurance you don't have to die to use.
*legal stuff - all benefits are subject to underwriting and are subject to limitations. Information on this webpage does not guarantee eligibility or acceptance into the policy. Please read the rider information carefully for complete definition of benefits and the conditions applying to each rider.