Your home is probably your most valuable asset. You've worked hard to give your family a place to learn and grow and make memories for years to come. But if something happened to you, would all that still be possible?
What Does "Home" Mean for Your Family?
To most of us, a house is much more than a roof over our heads. It's a safe place - a place we can dream, study, learn, love, and play. Your home also affects things like where your kids go to school, where you take walks, where you shop, and who you wave to on the way to work in the morning. Your neighborhood is a community, and that's a big part of the value of your home.
So how do your protect that value? How do you make sure that safe and happy future comes true?
You may not have realized it, but life insurance can help make sure that your family's future is the one you want them to have - the one you've worked so hard to give them.
Protect Your Home with Life Insurance
If something were to happen to you, think about the effect that would have on your family. Think beyond the emotional consequences, too. Would they be able to pay the mortgage? Would they be able to keep the house? For many families, the answer is no...but it doesn't have to be.
Life insurance is an easy, affordable way to protect your family's home and their financial future. To use life insurance for mortgage protection, all you do is purchase a policy for the amount remaining on your mortgage. That way, if you were to pass away, your family would get a tax-free payment they could use to pay off the mortgage in full. If you like the idea of your kids getting to stay in the house they grew up in, or staying in their current schools, this is a great way to give them - and yourself - this peace of mind.
Recent Homebuyers: An Added Concern
The real estate market is currently experiencing a boom. According to CNBC, the median home price has shot up 30% in the past 10 years...while incomes have only risen 11%.* That means more families are struggling to buy – and keep – their homes.
If you've bought a home in the past few years, you know how competitive - and how pricey - the market is right now. If you already have a life insurance policy, it's a good idea to take a look at it. Does it still provide enough of a death benefit to cover the mortgage on your new home? If not, I can help you get a new policy that provides enough of a payout to cover your recent home purchase plus your family's additional living expenses.
Easy & Affordable Life Insurance Solutions
If you've put off getting covered because you don't want to deal with the paperwork or the medical exam, I have good news. There are new digital-only contact-free policies that don't require an exam. The pandemic forced many insurers to find faster, easier ways for people to buy policies and you can take advantage of these recent innovations.
It's still a good idea to talk to an agent to make sure you're getting the right amount of coverage. Plus, there are different types of no-exam policies, and if you're interested in these, I can help you figure out which one provides the best coverage at the most affordable rate. We can even get your application submitted in one easy phone call.
Ready to Protect Your Home with Life Insurance?
Call me or email me to get started. You can also get a quote here online - it's fast, free, and easy. Let's get started now!
*CNBC.com: “Home prices are now rising much faster than incomes, studies show,” November 10, 2021