There Are Various Kinds of Life Insurance
Life insurance is available to NJ individuals, families and businesses in various forms. A very good choice for homeowners with a mortgage is Term Life Insurance in the form of Mortgage Protection Insurance. This type of Term Life Insurance helps protect your home if an unexpected financial hardship should occur. It could be because of death in the family, serious injury or illness, or temporary loss of income. Bogle Agency Insurance offers Mortgage Protection Insurance with Term Life Insurance to NJ families with a mortgage.
An alternative way to protect your mortgage is with Mortgage Life Insurance. There is a difference between this and Mortgage Protection Insurance. With Mortgage Life Insurance, if you pass away the mortgage lender receives the balance of your mortgage and your survivors don’t get anything. With Mortgage Protection Insurance the beneficiary of the policy is someone you choose and they receive the proceeds which they can use in any way they wish.
How Can Mortgage Protection Insurance Help Me?
Mortgage Protection Insurance can help you in the following ways:
- Your mortgage can be paid off in the event of death.
- Your monthly mortgage payments can be made during a family crisis such as disability or temporary loss of income.
- Proceeds are tax-free to the beneficiary and can be used in any way they like.
Guidance Is Helpful With Mortgage Protection Insurance
Bogle Agency Insurance has helped thousands of NJ individuals, families and businesses with insurance since 1919. We have been offering sound insurance advice for over 100 years. Call today and speak with one of our knowledgeable agents about Mortgage Protection Insurance. The peace of mind knowing your family’s home is protected is priceless. We can be reached at (201) 939-1076.
Bogle Agency Insurance provides help with insurance of any kind. We offer Homeowners Insurance, Automobile Insurance, Health Insurance, various forms of Life Insurance, Business Insurance and much more.