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Mortgage Protection Insurance

Taking out a mortgage can be a scary proposition. You owe tens or even hundreds of thousands of dollars to the mortgage holder. What happens if a family breadwinner suddenly passes away and a substantial portion of the mortgage remains unpaid?

Mortgage protection insurance covers this ptential financial disaster. You can purchase a policy when you first buy your home, or later if you think your situation warrants it.

The idea behind mortgage protection insurance is straightforward: You pay a premium, which remains the same for the duration of the policy, and if you should die during that time, the insurance pays off the rest of your mortgage.

What is it?
Our Mortgage Protection Insurance (or MPPI for short) has been designed to overcome the consequences of unemployment and disability enabling you to still meet your mortgage repayments.

Why is it important?
Imagine that you are made redundant or you have an accident that leaves you unable to work for a period of time, would you be able to afford your monthly mortgage repayments? If you only have State benefits to rely on, you will find it tough to cope financially.

However, if you have a mortgage protection insurance policy, your mortgage repayments will be met (up to a pre-agreed limit) each and every month, for up to twelve months. This gives you breathing space to find another job, or , if you have had an accident or have not been able to work due to sickness, time to concentrate on getting better.

To find out more information, fill out our no obligation mortgage quote form, and one of our consultants will contact you.

CHRISTCO INVESTMENTS & ASSOCIATES P. O. BOX 218056 | HOUSTON, TX 77218-8056 Local Phone 281) 493-4089 Toll Free  866-863-4835 Fax (281) 493-9838 Local Address 3523 Hornbeam Drive Houston, TX 77082