mortgage protection

The home mortgage is usually the single greatest personal debt for most homeowners. Mortgage protection insurance is offered by numerous insurance carriers as a unique life insurance policy that pays off the mortgage in the event the homeowner dies.  

Homeowners usually purchase mortgage protection life insurance to protect their family at a fixed rate of payments during the life of their mortgage.  Mortgage Protection is similar to term life insurance. In the event of the death of the primary income earner, a death benefit is paid to the family which they can use to retire the mortgage. However, the surviving family members (or beneficiaries) can use the death benefit as they wish.

Key Options looks forward to the opportunity to assist you in achieving your dreams and financial goals by creating plans that focus on low investment costs, tax-efficiency, and minimizing financial risk. This enables us to provide proper financial guidance to help you make the most effective and educated financial decisions.