Donn Sharer: We often get asked about mortgage protection. While everybody insures their home, many people forget to protect their mortgage. Specifically, what happens if one of the people whose income is paying for the mortgage is no longer with us? Mortgage protection simply is life insurance that provides the funds to pay off the mortgage so that the surviving family can stay in their home. Now, there's many ways that you can set this up, and we'd be happy to walk through them with you. My name is Donn Sharer, and with Considine, Sharer & Associates.
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Will Life Insurance Cover Mortgage?
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Donn Sharer: We often get asked about mortgage protection. While everybody insures their home, many people forget to protect their mortgage. Specifically, what happens if one of the people whose income is paying for the mortgage is no longer with us? Mortgage protection simply is life insurance that provides the funds to pay off the mortgage so that the surviving family can stay in their home. Now, there's many ways that you can set this up, and we'd be happy to walk through them with you. My name is Donn Sharer, and with Considine, Sharer & Associates.
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