Mortgage Disability Insurance

Make Mortgage Payments While Disabled

The purpose of mortgage disability insurance is to provide sufficient income to pay your mortgage in the event that you are unable to work in your own occupation because of an incapacitating disability.

If we have our homes destroyed by a hurricane, flood, tornado or other disasters we have homeowners insurance that would provide sufficient funds to rebuild…

If we should die prematurely we own sufficient mortgage life insurance that would pay off the mortgage and leave the house free and clear for our families…


In the event of your Disability you, as well as your family, could have Serious Financial Problems. Compare Disability Insurance Quotes and Save!


Mortgage Disability Insurance Pays Your Mortgage

Even though we do not own disability insurance to take care of the mortgage in the event of unexpected disability we live under the illusion that all is well.

More than that there are many who have never heard of such a product. Mortgage disability coverage provides an income for…

  • A limited period of time. This varies from company to company but is usually between 2 years and 5 years depending on the age of the insured.
  • The disability policy for your mortgage provides a limited income. The amount paid is usually limited to $1000 or $2000 depending on the policy.

The policy has an elimination period before payment begins. That can be 30 days, 60 days or 90 days.

Some mortgage disability insurance policies may allow for a longer elimination period. The shorter the elimination period the higher the premium.


Be certain your disability insurance company will pay when you need them. The Definition Of Disability can be Quite Misleading. Compare Disability Insurance Quotes and Save!


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