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Mortgage protection insurance is a way to protect one of your most valuable assets in the event of a death. Most terms are designed to give you a full return of premium if you outlive the policy. In the event of a disability or death, the mortgage will be paid in full, so your family can keep the house.
Final Expense insurance will cover you for life. Prices are locked and will neither increase nor will your policy end. These types of policies are designed to make sure all funeral and other final expenses are covered.
This is a type of permanent policy that allows the insured to accumulate cash value in addition to their death benefit. It can be set up to help supplement your retirement plan.
It covers up to 30 years after the term of the policy is over. You will receive 100% of all your payments back. It covers disability and death. The insurance is essentialy free.
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