Job Loss Mortgage Insurance: A Smart Investment In Today’s Economy

According to an article recently published on InsuranceAgents.com, job loss mortgage insurance serves to help homeowners continue paying their mortgage through a period of involuntary unemployment. End Quote

Here are a few of the advantages that come with a job loss mortgage insurance policy

Chicago, IL (1888PressRelease) October 13, 2009 - Becoming more and more popular as the economy and unemployment rate looks bleaker and bleaker, job loss mortgage insurance is a wise investment for any homeowner to make.

“These days it seems no job is safe. Even [the] employed are constantly worried about being laid off or taking a cut in salary. Combine that with a costly mortgage and job loss mortgage insurance suddenly becomes a very smart idea […] in such a bleak economic climate,” states the article, “Is Job Loss Mortgage Insurance A Smart Decision?”

Here are a few of the advantages that come with a job loss mortgage insurance policy:

-Payment of all or part of the mortgage in the event that homeowner involuntary loses their job
-Payment for all or part of the mortgage if the homeowner becomes disabled
-The opportunity to renew the policy annually or cancel on short notice should the homeowner resume employment
-Options concerning the extent of coverage ranging anywhere from 60 days after the loan closes with a promise of up to 12 monthly payments including principal and interest

There are some stipulations in becoming eligible for job loss mortgage insurance. Visit InsuranceAgents.com today to get in touch with an insurance agent and inquire about the specifics of a job loss mortgage insurance policy and why it is so important in light of today’s economic landscape.

Staff contribution: Kyle Fitzsimmons

http://www.insuranceagents.com/job-loss-mortgage.html

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