Purchasing a new home can be both exciting and stressful. For many people, a mortgage is the largest investment they will make in their lifetime. But would your loved ones be able to cover mortgage payments if something unfortunate were to happen to you?

Don’t let worries like this add to the stress of purchasing a home. Term life insurance from Foresters Financial offers an affordable solution to mortgage protection and can be tailored to meet your unique needs.

What is term life insurance?

Term life insurance can be an affordable life insurance option. It provides a fixed death benefit for a fixed premium payment, over a fixed period of time. Your premium payments are guaranteed and will remain level for the term you select.

But my bank is offering me mortgage insurance

Your bank or other mortgage lender will likely recommend their mortgage insurance. However, regular mortgage insurance offers you little control in what happens to your coverage. The lender is the beneficiary and decides how proceeds are spent while your coverage declines as you repay your mortgage.

With Term Life insurance from Foresters, you’re always in control. You own the certificate, decide who the beneficiaries are and your coverage amount remains level even though the mortgage balance decreases. And if you decide to move your mortgage to another financial institution, your term insurance goes with you. You do not have to reapply for coverage and your rates won’t increase.

More than just mortgage protection

What’s more, because term life insurance can be used for a range of time-sensitive expenses, and not just mortgage protection, you’ll have the option to renew your
certificate once the mortgage is repaid or convert to a permanent or universal life insurance plan. Premiums and the death benefit are guaranteed plus there’s a wide selection of terms, issue ages and valuable built-in features.

Your insurance, your life, your way

Term Life insurance from Foresters offers you options to customize your coverage and also provides you the opportunity to contribute to your favorite causes with our Charity Benefit provision.

Reading GoFund.Me

Reading GoFund.me – On May 21st 2018 I searched Go Fund Me to see how many times the word “Funeral” would show up. I was shocked that the result showed 916,952 times!

Today, July 31st 2018 the result has skyrocket up to 1,529,114. That’s a 67% increase in just 2 short months.

Families are being left devastated and under insured, with no options but to turn to public support for help. Reading area families don’t look forward to pleading for community support. Reading GoFund.me pages are preventable, simply by purchasing life insurance.

There’s many reasons we tend to put off our life insurance. I’ve found the most common reason is the cost. If affordability is an issue for you, I completely understand because I have been there, so I can help you.

Maybe you’re young and this isn’t your concern just yet. But just maybe it’s a conversation we should be having with your parents, who want and need to protect YOU.

I’m easy to work with. Call us today, and I will be happy to shop some companies, find you something that’s affordable, that protects you from needing to set up a Reading GoFund.me page.

Just remember, you can’t put a price on your family. But there’s a price on protecting them. I would greatly appreciate be the opportunity to protect your legacy. Let me know how I can help.

When we hear the word insurance, most of us tend to think of things like car or health insurance. Critical illness insurance most likely isn’t one of the types of insurance that comes to mind.

It makes sense—we often don’t want to think about the scarier health-related risks in life—especially not critical illness. Unfortunately this inclination to turn away also often leaves us vulnerable and unprotected should we be diagnosed with a critical illness.

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