Help Protect the Home Your Family Loves

Your Home is Your Legacy

For many families living along the Grand Strand, their home is a meaningful part of family life and a mortgage is one of their largest financial responsibilities. An unexpected loss can make mortgage payments more difficult to manage.

Mortgage protection is generally life insurance intended to help provide financial protection related to a mortgage. A death benefit may be paid to beneficiaries, who may use it to help with mortgage payments, other housing expenses, debts or other financial needs. It is not homeowners insurance and does not automatically pay off a mortgage; that outcome depends on the applicable benefit and beneficiary decisions. Coverage, exclusions and benefits depend on the policy and issuing insurance company.

The Core Benefits

• Beneficiary Choices: Depending on the policy and beneficiary designation, a death benefit may be paid to beneficiaries to use according to their needs.
• Living Benefits: Some policies may offer an accelerated death benefit for qualifying illnesses, subject to policy terms, eligibility and any applicable costs; using it may reduce the death benefit.
• Coverage Options: You can explore coverage periods in relation to your mortgage, subject to product availability and eligibility.