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| Protection | |
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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. |
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Mortgage Protection Insurance |
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| What is Mortgage Protection Insurance? | |
| Mortgage protection insurance is designed to do one of two things:
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| Does the amount of the death benefit decrease annually along with the mortgage balance? | |
| Is the death benefit payable to the bank? | |
| What happens if I sell my house, move, or refinance? | |
| What is Return of Premium? | |
Life Insurance |
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| What types of life insurance do I have to choose from? | |
| What is required to qualify for life insurance? | |
| Should I apply for a Term life insurance policy? Or a Permanent life insurance policy? | |
Disability Coverage |
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| What is Disability coverage? | |
| Do I need Disability coverage? | |
| Is there a waiting period before benefits take effect? | |
Annuities and Retirement |
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| What is an annuity? | |
| Is there any way I can loose my money in an annuity? | |
| How do I qualify? | |
| Can I transfer funds from a savings, CD, 401K, or from other investments? | |
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