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Mortgage Protection

With mortgage rates being as low as they have been in years, and with the influx of first time home buyers, the insurance industry has developed a disability plan that covers only monthly mortgage payments. Lower in cost than income protection, this is an ideal product for new home buyers whose primary concern is making sure that their mortgage note is paid.  In fact, one of the major causes of mortgage foreclosure is the sickness or injury of the major income earner in the household. See the Sales & Marketing Ideas file in Broker Resources.


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