Owning a home is one of the biggest financial commitments you’ll make. Having a plan to protect it can help you feel more confident about what comes next. That’s why we’ve partnered with Insurance Supermarket Inc. (ISI) to offer a mortgage protection plan designed to help simplify this important part of financial planning.
Why Consider Mortgage Protection?
The Fairway Home Mortgage Protection Plan helps protect your loved ones so that, if the unexpected happens, they won’t have to worry about how they’ll keep up with monthly mortgage payments.
When planning ahead, it helps to understand a few common realities of homeownership:
The debt gap
Mortgages are one of the largest sources of household debt. If a primary income is lost unexpectedly, the remaining balance may fall to a single earner, which can lead to difficult financial decisions, like selling the home.
The timing risk
Financial hardship doesn’t wait. During a transition period or while an estate is being settled, foreclosure processes can begin after only two missed payments.
The coverage gap
Many people assume employer-provided life insurance is enough. In reality, it may not fully cover ongoing mortgage payments, household expenses, and long-term family needs.
Built to Protect Your Loved Ones
Your family decides how to use the benefit
Benefits are paid directly to your loved ones, giving them flexibility to pay off the mortgage, cover expenses, or plan for the future in a way that fits their needs.
Coverage that stays with you
Your protection isn’t tied to a single property, so it can move with you as your needs and living situation change over time.
Predictable costs over time
Premiums are based on your current age and eligibility, helping provide long-term stability without unexpected increases.
Flexible Coverage Options
Coverage can be tailored to your situation, with limits up to $2,000,000 depending on eligibility, age, and financial goals.
Whether you’re looking for a simple application with no medical questions or higher coverage for added protection, there are options to fit your needs.
This coverage is optional and doesn’t affect your mortgage approval or loan terms.
Call 855-525-5338 to explore your options and get started.
