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  • Chen & Associates

Buying a Home? Consider Mortgage Protection Insurance.

Have you recently bought a home? Are you planning to buy one? Learn how mortgage protection strategies using life insurance can protect your family and investment.

As a homeowner, you have so much to look forward to: exploring the neighborhood, making new friends, and creating memories your loved ones will cherish for the rest of their lives. That's a future worth protecting—and that's why this customized solution makes so much sense.

Mortgage protection helps make sure that the people you love can remain in the home they love, even if you pass away before the mortgage is paid off.

Want to see how it works?

this brief video should help you get started.

Since you never know when the unthinkable will happen, mortgage protection strategies from Chen & Associates Group uses a combination of life insurance products to make sure your loved ones will always have enough cash on hand to keep up with the payments or retire the mortgage.

Customize solutions for your future

We use mortgage solutions with two layers of protection.

  1. Term life insurance for the near future.

  2. Long-term insurance options for the full length of your mortgage, or protection for the rest of your life.

Protection for the early years of home ownership.

Term life insurance offers customizable short -term and mid­term protection — so that you can afford maximum protection when your mortgage balance is highest.

Long-term solutions for your mortgage.

81% of adults agree that buying a home is the best long-term Investment In the U.S. That's why we made sure our mortgage protection solutions include a layer of long-term protection such as whole life insurance or universal life insurance.

Complete mortgage protection and more.

mortgage protection solutions provide peace of mind and flexibility to customize your own policy. You can add riders, adjust your coverage, and take your policy with you if you move. Explore our full suite of life insurance options.

Tips for protecting your family’s home and future.

  1. Give yourself time to rebuild your emergency fund. If your down payment came from savings, you may need additional protection while building it back up.

  2. Mortgage payments are just the beginning. Be sure to factor in other expenses such as property taxes, utilities, and maintenance fees.

  3. Lenders like cash value. Should you ever need to refinance, banks consider the cash value of life insurance an asset.

  4. Not all insurance is portable. If there’s a chance you will move, make sure you can take your mortgage protection with you.

  5. Some mortgage protection products pay the lender. You may want benefits to go directly to your loved ones so they can decide how the money is used.


The content here is provided as general information only and should not be construed as a recommendation to buy or sell any security or financial instrument or to participate in any particular trading or investment strategy. All material presented herein is believed to be reliable but we make no representation as to or accepts any responsibility or liability for, the accuracy or completeness of the information contained herein or any decision made or action taken by you or any third party in reliance upon the data. The investments discussed here may be unsuitable for some investors depending on their specific investment objectives and financial position. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS.

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