Shopping for mortgage protection insurance, life insurance, or annuities can be tedious and frustrating. There are so many different types of insurance, how will you know what is right for your family? Your Asheville area mortgage protection case worker will answer all of the hard questions for you. For the basics, though, please look over the following questions that are on the minds of many mortgage holders here in Western North Carolina.

This really depends on your age.

If you are relatively young and healthy, this may be a good time to apply for both. Premiums for such coverage are only going to get more expensive as you age. Purchasing a significant amount of term insurance, and a smaller permanent policy will ensure that your family is very protected over the period of life where you may have a lot of debt. The permanent policy would pick up where your term policy leaves off.

If you feel that you may not fit the category of 'young and healthy' it may be more cost effective for you to pick one or the other. Just remember, you will typically pay more for the permanent plan, which may mean applying for a smaller death benefit( i.e. $50,000) or less. If you feel you need more coverage, term insurance may be the way to go. It depends very much on your individual situation. Regardless, insurance is only good if you keep it. So make sure you take your current and future budget into account.

Disability Coverage

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