Term Life Insurance To Protect Mortgage

Are you considering term life insurance to protect mortgage loan you have on your home?

Many Americans hope for the day they own their own home. If just may be the single biggest investment of your life. But, it also depends on a steady income to pay your mortgage each month. If something happens to one, or to both income-earners in your family, it may be difficult to pay your mortgage. How would your family get by?

Buying a level term life insurance policy can provide your family with the money they need to make their mortgage payments if you’re no longer alive to support them.

Get a Free Quote for Mortgage Life Insurance

If you die, your family might not be able to pay the mortgage. With a level term life insurance policy, the death benefit would provide the money necessary for your family to make the mortgage payments, and stay in their home.

There is mortgage protection insurance available, but many people choose term life insurance instead.

Why Should You Choose Term Life Insurance Instead of Mortgage Insurance?

A common approach to providing money to pay off a mortgage in if you die is to buy term life insurance. Term insurance offers you much lower premiums, but the amount of life insurance protection doesn’t decrease over time, as it usually does with mortgage protection insurance. That’s a big benefit for your family.

Which Type of Term Life Insurance to Choose?

The least expensive type of term insurance is decreasing term life insurance. The rates remain the same over time, but the coverage amount decreases in line with your outstanding mortgage. If you only want protection for your mortgage, then decreasing term may be your best option.

Another option is level term life insurance. With level term your rates are guaranteed to remain the same over the policy term, and your death benefit remains the same, so your family has more proceeds available than just being able to pay off your mortgage.

Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we’ll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.

Get Quote for Life Insurance

Are you looking to get quote for life insurance?

If so, you have three options to choose from:

1. Contact a local life insurance agent in your area.

2. Get a referral from friends/family members for a life insurance agent.

3. Request life insurance quotes online from a quote provider.

Each of your choices may be good, but online quotes offer you the following benefits:

Instant Quote Comparisons.
No Need to Meet with an Agent.
No Hassles or Delays.
No Obligation to Buy.
Savings to 73%
Get a Free Quote for Life Insurance

The bottom-line is this – you can find the lowest rates from the highest-rated life insurance companies by comparing free quotes for life insurance on the internet.

When you request free quotes for life insurance online you answer some basic questions and instantly receive up to 5 or more rate quotes.

Your quotes will provide you with the following:

The life insurance premiums.
Name of companies quoted.
Amount of coverage offered.
Financial ratings of each company.
Premium payment options available.
Type of life insurance and number of years of coverage offered.

When you compare your quotes for coverage make sure you consider not only the price, but the financial strength rating of the insurance company. The rating is an indication of the insurer’s ability to pay their claims, and meet their financial obligations. The higher the financial rating the better.

Also, when comparing prices and plans make sure you consider:

How much life insurance you need.
What you can afford to pay.
How many years you need life insurance.

Term life insurance offers you the lowest priced life insurance protection, usually costing 2-3 times less than permanent life insurance.

However, term life is temporary coverage for a specific number of years. Plans are available for 10, 15, 20 or 30 years of protection.

Term life insurance is not an investment it does not build cash value inside the policy. And, if you outlive the term of your policy, your coverage ends.

Many people just like you choose term life insurance to meet their temporary life insurance needs, such as:

To protect their family
Pay off the mortgage
Provide money for their kids college education
Pay off credit card debt.
Provide money for family living expenses.
Provide for your spouse’s retirement.

Get Quotes for Life Insurance

Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we’ll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.

Highly Recommended – Globe Life Insurance
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Rates as Low as $3.49 per month.
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Protecting Your Home’s Roof from Storm Damage

Without a roof, your house would not be home. A roof provides shelter, security, and protection from all outside elements. When your roof becomes damaged from those outside elements, like a tree falling on it during a storm or large hail puncturing through it, it’s important to seek professional help right away to prevent any further damage. But who do you call when something like this happens in the middle of the night or on the weekend? Is it considered an emergency? What are the common causes of emergency roofing repairs? Below, we will help answer these questions to provide you with knowledge, so you will know what to do if something like this happens to your roof.

What is considered an emergency?

If a roof is allowing water to enter the home, caving in, or looking like a potential hazard, then it most definitely needs to be repaired ASAP. In most instances, a roofing company in Columbia can address the issue right away with a temporary solution until the weather permits and the roofing company can map out a plan and schedule with you at the time to determine the exact issue and its costs.

What are the common causes of emergency roofing repairs?

There is a variety of things that can cause roofing emergencies. It is your job, as the homeowner, to react quickly as soon as you notice your roof’s damage. Here are the more common causes of roofing repair emergencies:

Rain- Rain, in general, should not cause any issues to your roof, but if it rains for a long period, the more it can affect your roof. For example; your roof may have an area that forms a crevice in which it will gather the rain for the total duration of the storm causing that area of the roof to weaken. If it becomes weak, the easier it is for holes and leaks.

Hailstorms – When weather conditions get severe and form into hailstorms, the hail in Columbia can cause major storm damage in a matter of minutes. You might not notice the damage during the storm, but for precautions after each hail storm, it’s best to inspect your roof to make sure the hard hail did not puncture the roof.

High winds – High winds can affect your roof because of the effects it can have on trees close to the roof. The high winds can knock over a tree into your roof and home, causing a large puncture to its form.

Who do you call?

You call a professional roofing company that provides a 24-7 emergency hotline. Do not call in a panic. The damage to the roof is already damaged. Once you call the roofing company, they will send over help to prevent issues from worsening. It’s also best to contact your insurance company to analyze what’s covered and what is not. Together, yourself and the roofing company can go over your coverage to determine a plan of action best for your roofing needs.