HENNESSEY FINANCIAL SERVICES
Mortgage Protection
Mortgage Protection
Mortgage Protection
Secure your family’s future with mortgage protection insurance. Your home is likely your biggest investment and one that you want to protect for the long-term. But what happens if the unexpected occurs and you are no longer able to make your mortgage payments?
Don’t let your family’s financial security be jeopardized. Our mortgage protection insurance provides coverage for unexpected events such as loss of income, disability, or death. With this coverage, your loved ones will not have to worry about losing their home in the event of your unexpected absence.
Our coverage is affordable and customizable to meet your specific needs, so you can have peace of mind knowing that your family’s future is secure.
What is mortgage protection insurance?
Mortgage protection insurance is a type of insurance that helps pay off or reduce a borrower's mortgage in the event of their death, disability or loss of employment.
How does mortgage protection insurance work?
Mortgage protection insurance typically pays off or reduces the outstanding mortgage balance in the event of the borrower's death, disability or loss of employment.
Is mortgage protection insurance mandatory?
No, it is not mandatory, but it can provide peace of mind and financial security for borrowers and their families.
How do I qualify for mortgage protection insurance?
Eligibility criteria for mortgage protection insurance can vary depending on the insurer, but typically include factors such as age, income, and credit score.
How much does mortgage protection insurance cost?
The cost of mortgage protection insurance can vary depending on factors such as the amount of the mortgage, the borrower's age, and the type of coverage.
How long does it take to process a mortgage protection insurance claim?
The time it takes to process a claim can vary depending on the insurer, but typically ranges from a few weeks to a few months.
Can I cancel my mortgage protection insurance policy?
Yes, most mortgage protection insurance policies can be cancelled at any time, but cancellation terms may vary depending on the insurer.
How does mortgage protection insurance differ from mortgage life insurance?
Mortgage protection insurance and mortgage life insurance are similar in that they both provide financial protection for the borrower's mortgage, but mortgage life insurance typically only pays out in the event of the borrower's death, while mortgage protection insurance may also provide protection in the event of disability or loss of employment.
Don't wait any longer!
Contact us today to learn more about our mortgage protection insurance options and how we can help you secure your family's future.
