Mortgage Protections
This is how it Works...
Mortgage Protection is the New Kind Of Life Insurance. This is a policy designed to provide your family with the cash to Pay off the Mortgage in the event of your death. But it does more than that. The reason is because mortgage protection will also pay cash in the event of a Critical Illness like Cancer, Stroke, Paralysis and even Heart Attacks.
On top of that it will also pay when you are diagnosed with a Chronic Illness and it will return all your premiums back to you at the end of the term! Now that's my KIND OF LIFE INSURANCE!
Final Expense- Whole Life
Final Expense: A Good Decision
Final expense is a whole life insurance policy that provides cash benefits to help your loved ones when they need it most. In the event of your premature death a final expense policy will pay your beneficiaries up to $50,000 to help with funeral cost, mortgage or rent payments and replace some lost income. The Policy is guaranteed to stay the same no matter how old you get or if you develop any future illness.
At The Velez Insurance Agency, LLC we make sure that your final expense policy does not goes up in premium. We have seen how some policies go up in premium every five years. We do not sell those policies. We have your best interest at heart. Our Policies accumulate cash value so in time you could even borrow it. Find out more about this amazing program design to protect your family from the burden of paying for a funeral. Click on the Picture to find out more!
Funeral Pre-Planning
Funeral Panning Top Ten Reasons to PrePlan
- Peace of Mind: Knowing your wishes in advance will ease the burden on your loved ones
- Financial Security: Pre-funding eliminates the stress associated with funeral payment and other final expenses.
- Option To Pay Overtime: When pre-funding, you can set aside funds in convenient periodic payments
- Known Price: Outlining your funeral plans in advance allows your family to know what the cost will be.
- It's Transferable: If you should move out of state, or simply choose another funeral home, your Advance Funeral Plan can transfer with you.
- Exempt Asset: Funds set aside to pay for future funeral costs can be set up to be exempt from consideration as assets in the event you need to qualify for public assistance.
- Together, Not Alone: Your loved ones won't be left to make all the decisions on their owns because you already made the arrangements.
- One Call: Once you have preplanned, a single call can set the process in motion allowing your family to grief and not worry about decisions.
- Preserving Your Wishes: Pre-planning protects your decision even after you are gone.
10. Personalization: Preplanning allows you to choose how you would like your life celebrated and remembered.