What is Mortgage Disability Insurance?
What would happen if you were injured at work or in a car accident or became ill and unable to work? Mortgage disability insurance pays the bill for you if you're disabled and unable to draw an income.
Here's a sobering fact. Nearly half of all foreclosures are caused by disability and medical problems. According to the Social Security Administration, just over 1 in 4 of
20-year-olds (as of 2013) will become disabled before they retire. Disability is one of the significant threats to your family and home.
Provision Financial offers mortgage disability insurance as a stand-alone disability policy or in conjunction with life insurance so that your family is protected if you become disabled or if you pass away.
Our mortgage disability insurance provides
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Coverage without a medical exam
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A monthly benefit to pay off your mortgage in the event of prolonged disability
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Get up to twice the normal benefit in the event of accidental death
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Options for your family to receive the benefits as a lump sum or monthly over the course of several years
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Receive a refund of all your premiums when the policy expires
Fill out our quote form to learn more about these and other benefits our mortgage disability insurance plans offer.