At Three River Insurance, we understand the importance of protecting your home and loved ones. Our mortgage protection services are designed to provide you with peace of mind and financial security when you need it most. Here’s what we offer:

1. You can get your money back!: Yes, after the term has expired you can receive a 100% full refund back. The insurance company will send you a check of all your paid premiums at the end of your 10,15,20,30 year term!
2. Death Benefit: One of the primary features of mortgage protection insurance is its death benefit provision. In the event of the insured individual’s death, the policy pays out a lump sum or monthly benefit to cover the remaining balance of the mortgage. This ensures that the family can retain ownership of the home without the burden of mortgage payments.
3. Disability Coverage: Many mortgage protection insurance policies also include disability coverage, which provides financial assistance if the insured becomes disabled and is unable to work. This coverage typically offers benefits to cover mortgage payments during the period of disability, offering essential financial support during a challenging time.
4. Job Loss Protection: Certain mortgage protection insurance policies offer job loss protection, providing benefits to cover mortgage payments if the insured becomes involuntarily unemployed. This feature can offer peace of mind during periods of economic uncertainty.
5. Critical Illness Protection: Some policies may include critical illness coverage, which provides benefits if the insured is diagnosed with a specified critical illness such as cancer, heart attack, or stroke. These benefits can help cover mortgage payments or other expenses during the individual’s recovery period.
6. Flexibility in Coverage Amounts: Mortgage protection insurance policies often offer flexibility in coverage amounts, allowing homeowners to choose a benefit level that aligns with their mortgage balance and financial needs. This ensures that the policy provides adequate coverage to pay off the mortgage in the event of the insured’s death or disability.
7. Premium Stability: Unlike some other types of insurance, mortgage protection insurance premiums are stable and do not increase over time. This allows homeowners to budget effectively and ensures that the policy remains affordable throughout the duration.
8. Ease of Qualification: Mortgage protection insurance generally has simplified underwriting processes compared to other types of insurance, making it more accessible to individuals with pre-existing health conditions or other risk factors.