Money-Back Mortgage Protection Insurance

   The simple purpose of Mortgage Insurance is to pay off your mortgage in the event of your death and to make your mortgage payments should you became disabled and are unable to work, due to sickness or injury.  

Example:

35 year old Male in Excellent Health*
$150,000 30 year Mortgage
$1000 monthly mortgage payment

TOTAL INSURANCE COST: $32.85 per month

   This monthly payment would provide his family with $150,000 cash tax-free in the event of his death, or provide $1000 per month mortgage payment in the event he were disabled and unable to work, due to sickness or injury.

In the most likely event that this male is still alive and well after 30 years, then all of his money is returned to him!  Every penny paid in.  In other words, his family has protection for 30 years, and their money back if not needed!