Mortgage Protection FAQ
Your home is one of your biggest investments. Mortgage protection insurance from Madrinas ensures your family can stay in their home even if the unexpected happens. We make it simple to explore affordable options that safeguard your peace of mind.
Frequently Asked Questions (FAQ)
What is mortgage protection insurance?
It’s a policy that pays your mortgage if you pass away or become disabled.
Who needs mortgage protection?
Homeowners with dependents who rely on their income to pay the mortgage.
Is it the same as homeowners insurance?
No, homeowners insurance covers property damage; mortgage protection covers payments.
How much does it cost?
Cost depends on loan size, term, and age/health of the insured.
Can mortgage protection be added to life insurance?
Yes, many people combine them for full security.
How do I apply?
Madrinas will guide you through carriers and plans that fit your needs.
