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MORTGAGE PROTECTION PLAN

Are you fully protected on your home?...
  • If you die, will the remaining MORTGAGE balance be paid in full?
  • Do you have tax sheltered CASH RESERVES for emergencies and other needs?
  • Do you have a program for early MORTGAGE PAYOFF if you live?
  • Is your home protected from FIRE damage and other catastrophes?
Mortgage Protection Plans can be tailored to help you meet all of these needs - to fully protect you, your family and your home.


If you die, will the remaining mortgage be paid in full?

A mortgage cancellation policy can be tailored to pay the mortgage balance on your home in full, if you should die prematurely - or if your spouse should die.

Various flexible coverage's are available.

Companies offer a variety of permanent Life Insurance plans, which include a SAVINGS feature to build cash value, and they also offer term protection.

A mortgage cancellation policy can be tailored to fit any budget.


Do you have tax sheltered cash reserves for emergencies and other needs?

The death benefits under the Mortgage Cancellation Policy are payable income tax free. In addition, there are valuable tax advantages. For example, the growth of tax cash reserves is substantially enhanced by tax deferred interest earnings. Income tax is payable only if the policy is surrendered for its cash value, and only if the cash value exceeds premiums paid.

A permanent mortgage cancellation policy features two outstanding benefits - the death benefit, and the cash reserves provided by the cash and loan values. The choice of the best policy will depend on your own individual needs, and the cash value growth desired.

In addition, the term and permanent mortgage cancellation policies may include a special Deposit Fund. The interest rate, usually higher than most bank savings accounts. It is one more flexible source for cash accumulation and emergency cash needs.


Do you have a program for early mortgage payoff if you live

The "Vanishing Mortgage" program is optionally available under the Mortgage Protection Plan. This program can save you thousands of dollars on your mortgage, and materially shorten the payoff period.

Just a few dollars a week can generate substantial interest savings in your mortgage.

Setting aside an additional $1 each day under the Mortgage Protection Plan will enable the Insurance Company to apply $360 to your mortgage balance every year. This could retire your mortgage at a much earlier date than expected, and eliminate a substantial sum of future payments! A simple authorization by you would permit the Insurance Company to send this additional annual payment directly to your mortgage company. It's a simple proven method to reduce the burden and duration of your mortgage payments.


Is your home protected from fire damage and other catastrophes?

A Mortgage Protection Plan includes an optional Homeowner's Package. Your house and separate structures are covered for almost any type of damage.

Personal property is also covered for damage resulting from fire, lightning, windstorm, hail, explosion, riot, vehicles, smoke, vandalism, and other specific causes.

The policy includes liability protection for bodily injury to other people, or damage to their property, resulting from the use of your premises.

The Homeowners Package is essential for protecting you and your property from the unexpected.

Theodore Insurance Agency, Inc.
20335 Ventura Blvd. #425
Woodland Hills, CA 91364

Phone: 877-4-TIA-INFO (877-484-2463)
Fax: 877-FAX-4-TIA (877-329-4842)

email: theodore insurance agency




Mexico Insurance Quotes : Homeowner's - Automobile - Business
Our Agency Who We Are - Industries We Serve - Comments - Carriers We Represent Quotes - E-Mail
Personal Programs Homeowner's - Automobile - Townhome - Personal Health - Life - Renter's Condominium - Earthquake
Business Programs General Liability - Commercial Auto - Workers'Compensation - Group Health Apartment Owners - Condominium Assocs. - Earthquake