Prosurity
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At Prosurity, we understand that life throws different curves at each of us, and that no situation is the same. That’s why we’ve partnered with over ten different “A rated” companies to give you the best coverage available, no matter what your circumstance. One of the main life products we offer is Mortgage Protection:

Mortgage Protection

Mortgage Protection is a unique concept, a product that homeowners can use to completely cover their biggest and most important asset: their home! The following benefits can be used to protect your home from every angle:

  • A lump sum payout to your designated beneficiary, which can be used to pay off the mortgage
  • A monthly income to pay your mortgage should you become disabled
  • A lump sum payment if diagnosed with a critical illness or cancer
  • Return of premiums if you do not use your mortgage protection
  • Guaranteed premiums, so your coverage will not increase as you grow older
  • A cancer plan that pays you an express lump sum amount when first diagnosed with cancer, then pays you additional benefits as you need them
  • A child rider that allows your children to convert their own coverage when they leave the nest

Best of all, this coverage has no medical exam.

Whether it’s a death benefit to cover the loan amount, disability coverage for your mortgage payment, or a cancer plan for life’s unexpected events, you will have peace of mind knowing that your family is taken care of. Contact us today and we’ll have one of our local mortgage protection advisors help you create a customized plan that fits both your needs and, most importantly, your budget.

Do I already have mortgage protection on my loan?

Most of the time, what you have is PMI (private mortgage insurance) already added in when you take out your loan. Homeowners are required to have this insurance if the balance of their loan is more than 80% of the original property value.

However, this mortgage insurance does not protect you at all, but only protects your lender if you quit making your mortgage payments. Many homeowners believe they have protection because of this insurance and leave themselves open to tragic circumstances should something happen to their family or loved ones.

Why should I get mortgage protection insurance instead of using the life insurance I already have?

Life insurance is meant to provide for living expenses for a long period of time should a provider pass away. Without mortgage protection insurance, you would have to pay off your biggest debt using a large sum of your life insurance, drastically reducing the amount for your future living expenses.