The Mortgage Protection Plan
Protecting your family’s most important asset – your home
For most families, their homes are their largest and most important asset. They are places where family memories are born, and financial wealth is built. Our homes truly are the cornerstone of our personal and financial lives.
Similarly, our home mortgage is usually the largest obligation we will ever have, and while we spend lots of time contemplating how much home we can afford, we rarely consider the risks and stress involved with a catastrophic loss of income, which could lead to the loss or forced sale of a family’s home. Most families have not planned nor prepared for this possibility, and in doing so, they leave their largest asset, their family home, at risk.
Enter The Mortgage Protection Plan. The Mortgage Protection Plan is a three step process which includes an assessment of your current exposure, a review of possible options to reduce the risk, and ultimately a plan that is tailor made to fit your specific needs.
The Risk Analysis
Here we take a current inventory of what types and amounts of coverage you currently have, what your current asset base is, what the ages are of your children and dependents, and what your objectives would be, should you encounter the loss of the primary wage earner’s income. While some families may want to pay off their entire mortgage obligation, others may want the security of knowing that their mortgage payments can be covered for the next 10 to 15 years.
The Option Review
Based on our findings in The Risk Analysis, we can now review coverage options for your family. Based on coverage amounts, time horizons and objectives, you will have a number of options to choose from.
The Mortgage Protection Plan
After you have reviewed your options, you are provided with a personalized plan that best meets yours needs, based on your existing mortgage, current assets, existing coverage, and other financial objectives you have.
If you would like more information, or you would like to enroll in The Mortgage Protection Plan, please call or e-mail us at info@sapphirecap.net.
Licensed in the state of California, license #0F98328.
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