Mortgage insurance
The right mortgage + the right protection = Peace of mind
Whether you’re looking to buy a home — or maybe your mortgage is coming up for renewal, either way remember Educators Financial Group. We can help tailor a mortgage solution based on your needs at competitive rates. And to safeguard that investment, and your savings we have partnered with Teachers Life to offer the Mortgage Borrowers Protection Plan. Life and disability insurance, designed to help pay off or reduce the outstanding insured portion of your Educators Financial Group mortgage. Helping to protect your family and your investment.
Why buy mortgage insurance?
Protect what you already have.
You probably have some life insurance but it may not be enough to cover all your financial obligations. Often, existing coverage is in place to provide for a number of things: living expenses, capital gains, paying personal loans, children’s education, to name a few. Mortgage insurance will protect your biggest investment while the personal insurance you have will take care of other obligations. Depending on your coverage amount it is likely there is no medical exam. Coverage is quick. In most cases, once the mortgage has been approved your insurance protection is in place on the day the application is signed and dated. We have partnered with Teachers Life because, like us, they are focused exclusively on the education community. For 70 years Teachers Life has been offering insurance solutions to people just like you. Providing full underwriting, claims and service Teachers Life has a dedicated staff ready to answer any questions you may have about insurance and your insurance options –applying is easy, just call 1.866.620.LIFE (5433).
