With Mortgage Protection, you do not leave your home and equity to chance…..you leave it to your family.

Mortgage Protection benefit provides protection in the event a the breadwinner dies unexpectedly, become terminally ill, diagnosed with a chronic illness or becomes injured.   The carriers and products we provide go beyond the standard life insurance death benefit.

BOOKING APPOINTMENTS

Download the phone scripts to use when booking appointments.

Use this script when calling the Nashville Financial Call In leads: MP Phone Script for Call In lead

Use this script when calling a traditional direct mail lead: MP Script for Direct Mail lead

IN-HOME PRESENTATION

Download the in-home script and client worksheet.  These are designed to position you in the home to win and to identify other opportunities.

Mike’s Mortgage Protection in-home presentation

Mike’s Mortgage Protection Client Worksheet

Download this form to get more referrals in the home

Required Life Insurance Death Benefit Notification

Stories & Statistics that Sell

Use your own stories and recent local events while in the home meeting to help illustrate the importance of mortgage protection.  Here are a few statistics that you can share and make part of your in-home presentation.
Another great resources for stories is Gofundme.com.  There are a ton of stories that you can find in your local area of someone who died unexpectedly.
WHAT WOULD YOUR SITUATION LOOK LIKE IF THE MAIN BREADWINNER DID NOT COME HOME DUE TO A CAR ACCIDENT OR HEART ATTACK?
  • How much income would your family need to replace per month if you died?
  • If one spouse passed away, would the other spouse stay in the home, rent it out, or sell the house and move?
  • What happens to the kids if both parents were to pass away?
  • Would the guardians be in a financial position to raise your children, food, clothing, medical, college?
  • Do your adult children make enough money to make the mortgage payment until they can decide what to do with the home?
  • What happens to your home if you pass away? Do you have a Will or Trust so it doesn’t get tied up in Probate court?
  • Would someone live in the house and pay rent or would it be sold?

Top 10 leading causes of death by age

Leading Causes of Death

The Threats Are Real

  • Every 17 minutes someone buys mortgage protection and will not live to pay the 2nd premium
  • 2 out of 4 households have filed for personal bankruptcy due to medical problems
  • 6/10 people with health insurance used up all or most of their savings for medical bills
  • 98% of all Americans do NOT have a plan in place to pay off the mortgage, should their income-earning spouse experience an untimely death.

No one really thinks about how serious Falls are

1.7 Million people suffer a brain injury every year.

52,000 people die and 85,000 suffer long-term disabilities

Leading causes of Traumatic Brain Injury

Falls 40.5%

Struck by / against 15.5%

Motor vehicle 14.3%

Assaults 10.7%

Young adults and the elderly are the age groups at the highest risk for brain injury

Cancer, Heart Attack, Stroke

1 in 2 men and 1 in 3 women will contract some form of cancer

There are over 800,000 stroke victims per year.

Every 44 seconds someone in the U.S. has a heart attack

Approximately 70% of people over age 65 will require long-term assistance during their lifetime, and over 40% will need care in a nursing home.

Types of Insurance Products

Insurance Products

  • Term – Typically the most affordable. Term insurance covers a specific period of time typically 10, 20, or 30 years. Many people will purchase Term to cover the years when they have children at home and a larger mortgage because you can get more coverage.
  • Whole Life – Covers you for your Whole Life as long as you make the premium payments.  There are other benefits to a Whole Life such as it builds cash value, you can borrow against it, and some offer living benefits.  It’s a great product that never expires so as you age you have the peace of mind that you will always have something to protect your family.
  • Return of Premium – This is a term policy that has a feature where the insurance carrier pays you back your premium at the end of the 20 or 30-year term if you have not passed away.  It’s great for people who want coverage during the working years with a family, and when you retire you’ll get the premium you paid during that time returned to you in one lump sum – tax-free.
  • Indexed Universal Life – Indexed universal life is a form of universal life insurance and is considered to be one of the most flexible types of life insurance. You also have the potential to build cash value in your policy and some come with Living Benefits features.

What Insurance Pays for

  • Mortgage protection – Pays your home off or makes the monthly payment to protect your home and equity.
  • Living expenses – Covers daily living expenses such as car payment, gas, utilities, groceries, auto insurance, medical expenses, etc.
  • Credit cards
  • Medical bills and prescriptions
  • College
  • Funeral expenses
  • Childcare
  • Moving expenses
  • Home maintenance