14 Replies to “YOUTUBE LIVE|WHAT IS MORTGAGE PROTECTION INSURANCE?”

  1. What happens when you lose your job and can’t keep up with monthly payments anymore.. what happens to the insurance and all the money you’ve put in for lets say 10 years. Do you get your money back or your policy gets canceled after sometime and all your money is gone ?

    1. Hello @DJ TOBZ. I’m a licensed Agent. There are some Term policies that have a ROP option which means Return of Premium. In essence the ROP will have a higher cost than the normal term insurance plan. Also in some cases at the end of the term you convert the term with ROP to a Whole Life Policy which will give an option to apply the ROP to give you a fair amount of coverage as a paid up option. I hope that helps. Blessings!

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