what is mortgage accidental death insurance

Guest 0.10 Dollars($)

Hi,
I want to get some information about the mortgage accidental death insurance and the benefits I can get out of it.

Guest 0.10 Dollars($)

Hi,
As per my inofrmation Mortgage Accidental Death Insurance helps protect your family's financial security by paying off your mortgage if, God forbid you die as a result of a covered accident.

This protection helps assure that, if you die before your mortgage is paid off, the balance will be paid off and your family will receive a debt-free home.

Guest 0.10 Dollars($)

Hi Bruna,
I have few more details, this insurance will pay off your outstanding mortgage, up to the policy maximum, if you die as a result of a covered accident. In addition, your beneficiary will also receive a one time lump sum benefit equal to a percentage of your original insurance amount.

Guest 0.10 Dollars($)

Bruna, this type of insurance creates options for your family. By paying off all or a portion of your mortgage, it gives the family time to make important decisions at the time of crisis, rather than being forced to act under the pressure of mounting bills. By paying off the remaining mortgage balance, this insurance helps ensure that your home will remain in the family.
Olita

Jessica · Posted: Thu Jan 26, 2006 3:28 pm Post subject:

Hi Everyone, in addition to what others have mentioned, depending on the policy and coverage you purchase, some additional benefits that are available are :

Accident Only Disability: If you become disabled as the result of an accident and cannot work at your regular occupation for a specified period of time (for example 90 days) and are under a physician's care, a percent of your original amount of insurance can be paid to you in a one time lump sum.

Permanent and Total Disability: If you become permanently and totally disabled as a direct result of an accident, a percent of the original amount of insurance can be paid to you each month for a certain period of time.

Accidental Hospital Indemnity: If you are confined to a hospital due to an accident, a benefit can be paid to you each month for up to 12 months.

Education: If you die as a result of an accident, a benefit can be paid to help with the costs of higher education (beyond the 12th grade) to each of your qualifying children.

Dependent Child Day Care: If you die as the result of an accident, a benefit can be paid to your spouse to help alleviate the cost of childcare.

Do let us know if we were able to provide you with all the information or not.

Thanks,
Jessica

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