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Mortgage protection insurance is not just another sales job. It’s one of the great insurance jobs for a life insurance agent. It guarantees your clients’ children will continue going to the same school and growing up as normal as possible after the death of either of their parents.

Alternatives to mortgage protection insurance. Term life or permanent life insurance are alternatives to mortgage insurance. While most mortgage protection insurance policies today are similar to term life policies because the death benefit could be used to pay the mortgage, funeral expenses, education costs or anything else, you can purchase larger amounts of life insurance.

In addition, standard term insurance offers a level benefit and level premium for the term of the policy. With mortgage life insurance, the premiums may remain the same, but the value of the policy decreases over time as the balance of your mortgage declines. For more information, talk to your insurance professional about mortgage protection.

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Mortgage Protection Insurance Tampa FL - Mortgage Protection Basics - (813) 805-8850 Mortgage Protection Insurance Tampa FL – Mortgage Protection Basics – (813) 805-8850 Sweet, sweet justice: Florida homeowners foreclose on Bank of America – We Interrupt Mortgage life insurance (or mortgage protection insurance), is meant to repay your mortgage if you were to die, or depending on the carrier, become disabled.