Mortgage Protection Insurance in Birmingham Alabama

What is mortgage protection insurance? Do I need mortgage protection coverage? Why am I receiving letters in the mail about mortgage protection insurance from my bank? What is MPI?

Here are the answers to your questions. And this will be very easy to read.

#1 Mortgage protection insurance is another word for Life Insurance. Yep, do not let the bank fool you into thinking it is any different. Just a fancy phrase to grab your attention and influence you to buy their product.

#2 Do you need mortgage protection insurance? Well it depends. If the breadwinner of the household passes away, can the spouse make it without him or her? That is a family decision. I do know this - it sounds a lot better thinking my wife does not have to pay a house note vs her working her behind off to keep everything afloat.

But note, it is not mandatory.

#3 Why is my bank pushing me to buy it? Easy, to make money. Make money off you buying their overpriced life insurance product and then guarantee their loan will be paid off.

#4 MPI = Mortgage Protection Insurance

That is the gist of the lesson. Now, if you want the best life insurance product to protect your family, please call us today. Call me personally at (601)-218-7854 and I will listen and guide you to what product you need.

Matt Mims

The Best Insurance Agent In Birmingham Alabama

Mortgage Protection Insurance For You Birmingham Alabama

Mortgage Protection Insurance Birmingham Alabama