Results tagged “mortgage protection plan” from Insurance Marketing | Outside The Box
Here in Bank of America country (North Carolina), the suits in the tallest building just hung out their dirty laundry. The mortgage market cost them profits. Sister bank in town...Wachovia....bit their bullet last week. The culprit for both: Mortgages.
Mortgages that people aren't paying off. Why aren't they paying them off? Lots of reasons, but a big reason is loss of income due to unemployment. Unemployment rates are rising across the country. People who got a mortgage during this latest 3-4 year 'boon' cycle are borrowed to the max...they have no room for error. They are a job loss or an extended sickness away from missing mortgage payments.
When they miss a mortgage payment, or miss a home-equity payment (another Bank of America problem)...then the "heat" is really on them.
That's one of many reasons why Mortgage Unemployment Insurance provides valuable protection and peace of mind coverage. Now available across much of the US (40 states have approved the product for sale), this Job Loss Mortgage Unemployment Insurance can pay you up to $2000 per month for up to 6 months if you lose your job.
Get a specific price quote here at www.salaryprotector.com
Contact John Hartline 800.562.8019
Mortgages that people aren't paying off. Why aren't they paying them off? Lots of reasons, but a big reason is loss of income due to unemployment. Unemployment rates are rising across the country. People who got a mortgage during this latest 3-4 year 'boon' cycle are borrowed to the max...they have no room for error. They are a job loss or an extended sickness away from missing mortgage payments.
When they miss a mortgage payment, or miss a home-equity payment (another Bank of America problem)...then the "heat" is really on them.
That's one of many reasons why Mortgage Unemployment Insurance provides valuable protection and peace of mind coverage. Now available across much of the US (40 states have approved the product for sale), this Job Loss Mortgage Unemployment Insurance can pay you up to $2000 per month for up to 6 months if you lose your job.
Get a specific price quote here at www.salaryprotector.com
Contact John Hartline 800.562.8019
There's more and more talk now about the economy. Words like 'recession' and 'job losses' are popping up more and more in the news. Of course, these discussions usually do come up near the end of the calendar year, but recent oil price increases, massive layoffs in the financial services industry and in the housing industry do have economists alarmed.
How would you make your mortgage payment if your salary suddenly stopped because you couldn't work? What if your job was suddenly in jeopardy?
A solid mortgage protection plan that includes mortgage unemployment insurance is inexpensive. Recently introduced in the US, and now available in 25 states, Mortgage Unemployment Insurance pays you cash benefits for up to 6 months if you become unemployed. Up to $2000 per month would go a long way towards helping you meet your monthly expenses should you lose your job.
Enrollment is done entirely via a secure internet portal; price is based on the monthly benefit amount you choose and is the same for all ages, male or female.
It is an election year, and for the first time in many years neither the sitting President nor Vice-President is seeking re-election. Many say this could lead to less federal intervention into the economy, leading to further weakness.
67% of all loan delinquencies and home foreclosures are caused by loss of income due to unemployment or disability. The average length of unemployment is 16 weeks. Could you make your monthly mortgage payment for nearly 4 months if you lost your job? Mortgage Protection including mortgage unemployment insurance might be worth considering.
John Hartline
800-562-8019
How would you make your mortgage payment if your salary suddenly stopped because you couldn't work? What if your job was suddenly in jeopardy?
A solid mortgage protection plan that includes mortgage unemployment insurance is inexpensive. Recently introduced in the US, and now available in 25 states, Mortgage Unemployment Insurance pays you cash benefits for up to 6 months if you become unemployed. Up to $2000 per month would go a long way towards helping you meet your monthly expenses should you lose your job.
Enrollment is done entirely via a secure internet portal; price is based on the monthly benefit amount you choose and is the same for all ages, male or female.
It is an election year, and for the first time in many years neither the sitting President nor Vice-President is seeking re-election. Many say this could lead to less federal intervention into the economy, leading to further weakness.
67% of all loan delinquencies and home foreclosures are caused by loss of income due to unemployment or disability. The average length of unemployment is 16 weeks. Could you make your monthly mortgage payment for nearly 4 months if you lost your job? Mortgage Protection including mortgage unemployment insurance might be worth considering.
John Hartline
800-562-8019
