Mortgage insurance doesn’t move with you. Term life insurance does.
If you have mortgage insurance and switch homes – or lenders – you’ll have to apply for a new mortgage insurance policy, and will have to undergo medical underwriting, which may, depending on your age and health, increase your premiums.
Term life insurance, on the other hand, isn’t attached to your debt. It’s attached to you – so it moves with you, no matter where you call home.
If you’re a first-time home buyer looking to purchase long term protection to cover your mortgage and your family’s other financial obligations, CAA Term Life insurance is the ideal choice.
- Coverage amounts from $50,000 up to $1,000,000
- Insurance rates are locked-in for the term you choose: 5, 10, 15 or 20 years
- Save 25% every year on coverage more than $250,000; 30% on amounts more than $500,000
And if you already have mortgage insurance? Consider the many benefits you’ll enjoy by increasing your term life insurance coverage to include your mortgage debt as well.
Buying a home may be one of the smartest decisions you’ll ever make. Protecting that asset and your loved ones with CAA Term Life insurance may be one of the wisest decisions.
Learn more online today or call: 1-888-334-4568.