If something should happen to you, would your family be able to keep making the mortgage payments?
If you do not have a Mortgage Protection plan, your family will end up with the mortgage payments,
and with your lost income, they may lose the home in foreclosure.
This is not a PMI. PMI protects the lender. This is how it works. Suppose you have a current home loan
of $750,000 for 30 years, you may apply for coverage on your life for $750,000 for 30 years (we
recommend spouse should be covered too).
In the event of your untimely death, the insurance company will pay the beneficiaries (your family) lump
sum $750,000 - and that's TAX - FREE. The policy has to be in good standing at time of death. If the
loan is paid off or almost paid off, or if you sell your home, or you do not even own a property, it does
not matter. The policy is covering you, not a property, and your family still gets the same cash benefits.
When you apply for Mortgage Protection plan, for a little extra premium than you would have paid for
regular Life Insurance, you may have two additional options available (depending on age).
Option 1: Return of Premium (ROP). In this option, you get all the premiums you've paid at the end of
the policy term, provided you outlive the policy. It's just like renting a property for specific years, and
once you do not want to rent anymore, your landlord returns you all the rent you paid in past years.
Option 2: No Medical Exam (Non-Med). In this option, you will not be required to provide a medical
exam to get covered. It's ideal for those people who would not like to have medical test, do not like
needles, do not like to give blood test, urine test, and other tests as may required in underwriting. Just
answer few health questions. The process in this type of insurance is much faster than the regular
one. Ages up to 95, term of 5-30 years, coverage amount $50,000-$350,000. $500,000 coverage
amount available with 15-40 years of term.
Let us help you plan the right strategy. Contact us now!
If you do not have a Mortgage Protection plan, your family will end up with the mortgage payments,
and with your lost income, they may lose the home in foreclosure.
This is not a PMI. PMI protects the lender. This is how it works. Suppose you have a current home loan
of $750,000 for 30 years, you may apply for coverage on your life for $750,000 for 30 years (we
recommend spouse should be covered too).
In the event of your untimely death, the insurance company will pay the beneficiaries (your family) lump
sum $750,000 - and that's TAX - FREE. The policy has to be in good standing at time of death. If the
loan is paid off or almost paid off, or if you sell your home, or you do not even own a property, it does
not matter. The policy is covering you, not a property, and your family still gets the same cash benefits.
When you apply for Mortgage Protection plan, for a little extra premium than you would have paid for
regular Life Insurance, you may have two additional options available (depending on age).
Option 1: Return of Premium (ROP). In this option, you get all the premiums you've paid at the end of
the policy term, provided you outlive the policy. It's just like renting a property for specific years, and
once you do not want to rent anymore, your landlord returns you all the rent you paid in past years.
Option 2: No Medical Exam (Non-Med). In this option, you will not be required to provide a medical
exam to get covered. It's ideal for those people who would not like to have medical test, do not like
needles, do not like to give blood test, urine test, and other tests as may required in underwriting. Just
answer few health questions. The process in this type of insurance is much faster than the regular
one. Ages up to 95, term of 5-30 years, coverage amount $50,000-$350,000. $500,000 coverage
amount available with 15-40 years of term.
Let us help you plan the right strategy. Contact us now!
| __________________________________________________________________________________________________________________________________________________________________________________________________ Disclaimer: The information, general principles, and conclusions presented on this page are subject to change without notice, and are also subject to insurance companies underwriting guidelines. The information provided is generalized and It should not be used as a substitute for the professional advice of an attorney, an accountant, or any other professionals. CoverLine Insurance Services, the agency owners, agents representing the agency, and staff members are not providing any legal, accounting, or tax advice. CoverLine Insurance Services is an independent insurance agency licensed by the California Department of Insurance, License #0G50117. No material to be copied without permission. |
| MORTGAGE PROTECTION - Helping you keep your family together. |
| TESTIMONIALS |
| REMINDER |
| Aatif was very helpful to explain me and my husband the facts about life insurance. Our family is protected now and worry-free... R.G. (California) I will definitely refer CoverLine Insurance Services to my family and friends. They are very helpful and knowledgeable people... K.C. (California) I am lucky to find that Aatif has something to offer us for lowest cost in premium but substantial amount for my family, it is a good decision... N.S. (California) Aatif showed me what it takes to retire early. Currently at such a young age, I am on my way to a safe and 100% guaranteed retirement... M.R. (California) I was very worried about my family's future once I die. It was great to know I could protect my home, and make sure my family is secured... F.A. (California) |
| PLAN'S PREMIUM |
| Aatif Akhtar (Broker-Agent) |
CA DOI Lic. #0G50117
This type of insurance plan is to
avoid future foreclosure for your
family. Very affordable rates and
term. Click tab above to learn
more.
avoid future foreclosure for your
family. Very affordable rates and
term. Click tab above to learn
more.
This type of insurance plan is to
provide you stream of income in
your golden years / save for kid's
college funds. Click tab above to
learn more.
provide you stream of income in
your golden years / save for kid's
college funds. Click tab above to
learn more.
Get free instant online quotes
plus you have an option to apply
online. Medical, dental and vision
insurance. Click tab above to
learn more.
plus you have an option to apply
online. Medical, dental and vision
insurance. Click tab above to
learn more.
Know about us, what we do, why
we do and why you should choose
us for all your life and health
insurance needs. Click tab above
to learn more.
we do and why you should choose
us for all your life and health
insurance needs. Click tab above
to learn more.
This type of insurance plan is
relatively low cost, and offers lump
sum cash tax-free to your
beneficiaries. Click tab above to
learn more.
relatively low cost, and offers lump
sum cash tax-free to your
beneficiaries. Click tab above to
learn more.
| You do understand, the longer you wait, your age will go up and you may risk health issues. This may result in higher rates or disqualify you for coverage of Life Insurance protection. |
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| REQUEST A QUOTE |
| Financial Protection. Think Smart. |
| www.coverlineinsurance.com |
| LIFE HEALTH |
| OUR MISSION STATEMENT |
We believe life insurance is the
greatest preventer of poverty.
We believe each person with
dependents must carry enough
protection to support their loved ones in
comfort after he / she dies.
We believe it is our duty to preach about
life insurance at every opportune
occasion.
We believe it is our duty to insist that
every prospect carry adequate financial
protection for the retirement and family.
greatest preventer of poverty.
We believe each person with
dependents must carry enough
protection to support their loved ones in
comfort after he / she dies.
We believe it is our duty to preach about
life insurance at every opportune
occasion.
We believe it is our duty to insist that
every prospect carry adequate financial
protection for the retirement and family.
| The tabs below with ( ) symbol opens with video / sound. Please adjust the speaker's volume. |
| Help us to serve you better. Let me contact you. |
| EASY AS 1-2-3 TO APPLY: 1. Request a quote. 2. Review the plan. 3. Apply for coverage. |
| CALL US TODAY! 818-368-5511 |
YOU ARE HERE: MORTGAGE PROTECTION
 | |  |
| Do you know the plan's premium are fixed by insurance carriers and/or State? No agent can promise you an identical policy that is "priced better". You can't find a cheaper price anywhere else for the same policy. |
| NEEDS ANALYSIS |
| Let us help you go through our Needs Analysis form to ensure that you are aware of what areas, and what dollar amount you need to be protected financially, at minimum. |