There are different types of Life Insurance available to NJ individuals, families, and businesses. One of the best options for homeowners with a mortgage is Term Life Insurance in the form of Mortgage Protection Insurance. This insurance protects your largest investment – your home if an unanticipated financial hardship should occur. This could be because of death, injury, illness, or temporary loss of income. Bogle Agency Insurance located in Lyndhurst NJ offers Mortgage Protection Insurance to NJ families with a mortgage. We want you to be aware of the benefits of NJ Term Life Insurance and how it can protect your mortgage.
Another way to protect your mortgage in times of difficulty is Mortgage Life Insurance. The difference between this and Mortgage Protection Insurance is that if you pass away the mortgage lender is paid the balance of your mortgage and your survivors don’t see any of the proceeds. With Mortgage Protection Insurance the beneficiary is someone you choose and they receive the proceeds and can use the money in any way they wish.
How Can Mortgage Protection Insurance Help Me?
Mortgage Protection Insurance can help protect you in the following ways:
Your mortgage can be paid off in the event of death.Your monthly mortgage payments can be made during a disability or temporary unemployment.Benefits are tax-free to the beneficiaries and can be used in any way they choose.
These are just some of the ways this insurance can be helpful to you and your family in a time of financial hardship.
Professional Guidance With Mortgage Protection Insurance
Bogle Agency Insurance has been helping NJ individuals, families, and businesses with insurance since 1919. That means we have been serving people in Bergen County and surrounding areas for over 100 years with sound insurance advice. Call us today at (201) 939-1076 and talk with one of our professional and knowledgeable agents about Mortgage Protection Insurance. You will have peace of mind knowing your family’s home is protected.
Bogle Agency Insurance offers help with insurance of any kind you may need. We provide Homeowners Insurance, Automobile Insurance, Health Insurance, Pet Insurance, Life, and Mortgage Protection all forms of business and much, much more.