Mortgage Protection

Transcript:

Mortgage Acceleration

[video: Illustration appears of two adults and a child within a house. Three more illustrations appear of a human silhouette, a banner with the words "family reunion", and a barbecue grill.]

Your family means the world to you. And your home is the center of it all. It’s where your children grow and thrive. Where relatives gather. And where neighbors turn into friends over backyard barbeques.

[video: Illustration of a house with a car and trees appears and a sun moves overhead.]

That’s why it’s so important to make sure your family will have the financial resources to keep living in your home, if something happens to you.

[video: Illustrations appear of a life insurance certificate, signed check, and mortgage bill.]

Proper life insurance planning can make the difference. Life insurance provides a death benefit your family may use to pay the mortgage and stay in your home, should they need it.

[video: Illustration appears of cash value certificate equaling a paid mortgage bill.]

Plus, you can use the cash accumulation value to help pay off your mortgage early and reduce the amount of interest paid.

It’s a smart strategy.

[video: Illustrations appear of a life insurance certificate, line chart with ascending line, and the text "cash value = mortgage bill".]

1. You purchase a cash value life insurance policy and determine a proper funding amount to meet your goals.

2. Your policy accumulates cash value.

When the cash value equals the amount of your mortgage, you may use the funds to prepay your mortgage. This can significantly reduce the amount of mortgage interest paid over time.

[video: Illustration appears of a check and a paid mortgage bill.]

3. If you die before paying off your mortgage, your beneficiary can use the tax-free death benefit to pay it off.

[video: Illustration of home with trees and a picket fence appears under stars and a moon.]

With proper life insurance planning, if you die unexpectedly, your family can remain in your home, surrounded by the support of family and friends.

[video: An illustration of a line graph with an ascending line changes to a paid mortgage certificate. This is followed by an illustration of a photo album with the text on the cover, "memories".]

The cash value in your policy will accumulate tax deferred.

And you may use the cash value to pay off your mortgage early. Or for any other purpose you choose.

[video: The Mutual of Omaha logo appears.]

Proper life insurance planning lets you focus on what's most important, creating new memories with family and friends.