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Mortgage Protection

Mortgage Protection – to protect your family from loss of home should a tragedy occur.

While nothing can truly ease the grief your family would experience in this event, knowing your family is protected can help.  Knowing that losing the primary income earner does not also mean the loss of home or lifestyle can ease the stress of the grieving process.

imageFrom January 2007 through December 2011 there were over 4,000,000 homes that were foreclosed on in the United States. Over 80% of those coming from the loss of an income due to a family members death or disability. Many of those homeowners were unsure of what to do to protect what they had worked so hard for, and cared so much about.
Mortgage Protection provides coverage in the event of death, disability, or accident. If a family is without this coverage they would be responsible for more than just the mortgage payments to the bank.  They would also have to find a way to replace the loss of income from losing a contributing partner to cover childcare needs, financial obligations, funeral expenses, and prevent financial ruin.
One cost that some people do not consider is the financial impact of the loss of a non-working spouse. If children are involved the surviving partner is now left with the cost of daycare, which can cost over $1,000 per month. The surviving partner will most likely have to adjust their work schedule which their job may not be willing to do.
By pairing our clients with the right carrier for them, we are able to ensure that in the event of a tragedy they will not incur the financial burden as well as the emotional one.  There are many options to fit any persons health or budget.  Our case workers  specialize in getting to know your needs and customizing a plan that is comfortable for you with which ever company can get you the most for your specific health/mortgage situation.
For more on the best options for your family, contact Marino Financial Group at (865) 686-8204