What is Mortgage Protection and why do I need it?

Your home may be your most valuable asset. As a homeowner, being able to pay your mortgage on time every month is important. What would happen to your loved ones if you were to die prematurely, become disabled or critically ill, and your income suddenly disappeared? None of us know what the future will bring, but you can achieve peace of mind today with mortgage protection insurance.

Mortgage protection insurance is a type of term life insurance that is designed to pay off your mortgage in the event of your death. It functions like a standard term life policy: You purchase a policy for a set period, make monthly payments, and if you pass away while the policy is in force, your chosen beneficiary receives funds to pay off your mortgage. This coverage ensures that your family could stay in their home if you were no longer able to contribute to mortgage payments

When you purchase an HMS Plus Payment Protector policy, you choose a level monthly income payment, as well as the length of coverage. Periods of 15, 20, 25, or 30 years, or To Age 70 are available. 


If you die while this coverage is in place, your beneficiary will receive a monthly income payment until the end of the monthly income death benefit period (guaranteed to be no less than 24 monthly income payments). At the end of the period, monthly income payments stop. 

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Why Should I Consider Home Mortgage Protection?

~ Help pay off the mortgage if you die

~ Help pay mortgage if you are disabled
~ Provide a lump sum cash payment if you suffer a critical illness
~ Prepare for sudden, unexpected changes before it's to late

~ because anything can happen.

~ Provides cash when critically ill

Every financial decision should be driven by what you value. 

~David Bach

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2400 Valley Ave  Suite 2 

Winchester VA 22601

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540-336-8382