Mortgage Protection

Free Your Family From the Burden of Unpaid Bills

The #1 cause of foreclosures, as well as bankruptcies, is the lack of adequate insurance.

If you currently have a monthly income of $5,000, you’d need over $500,000 in life insurance just to generate that income upon your death.

If you consider that these figures fail to represent inflation, taxes and new expenses over time, it’s easy to see that mortgage insurance can be a smart, low-cost solution, or alternative, to a homeowner’s life insurance policy.
    

Low-Cost Solution

Protect Your Family

Mortgage insurance can be a smart, low-cost solution, or alternative, to a homeowner’s life insurance policy.

Leave your family free of the burden of unpaid bills and living expenses.
 

A basic policy will cover the amount of your loan, for a stated number of years. If you qualify, a disability rider can be added to help maintain your loan payments if you can’t work due to an accident or illness.

Get in touch with us to find out how you can secure a better financial future for you and your loved ones.

This information is provided for informational and educational purposes only. This information is not meant to be a complete summary or statement of all available data necessary for making financial or investment decisions and does not constitute a recommendation.  It is not to be construed as legal, accounting or tax advice, and is provided as general information to you to assist in understanding the issues discussed. Neither Rainbow Financial Group, nor its Financial Advisors give tax, legal, or accounting advice.

This information is not meant as financial or investment advice pertaining to your personal situation. The selection of appropriate investment, insurance or planning options and/or strategies should be made on an individual basis after consultation with appropriate legal, tax and financial advisors. Nothing contained herein is intended as a solicitation or an offer to buy or sell any product or service mentioned and they may not be suitable for all investors.

Palm Desert Library
73300 Fred Waring Drive
September 12th & 26th, 6:00pm – 7:30pm

Term vs. Permanent Life Insurance

Term vs. Permanent Life Insurance – To determine whether a term or permanent life insurance policy is the right choice for you, it is important to consider factors such as the time period your insurance protection is needed, your short and long-term goals and your overall financial plan. A comparison of the features and benefits of each policy can help you make an informed decision about which type is appropriate for you.

Term Life Insurance

  • Death Benefit Protection
  • Cash Value Accumulation
  • Flexibility Based on Changing Needs
  • Lifetime Death Benefit Protection

Permanent Life Insurance

  • Death Benefit Protection
  • Cash Value Accumulation
  • Flexibility Based on Changing Needs
  • Lifetime Death Benefit Protection