There are insurance plans that will pay off a mortgage when one of the insured dies. Usually your life insurance plan will take care of this type of expense. When you are purchasing a life insurance policy, if this is important to you, make sure that you have enough coverage to take care of the mortgage and leave your loved ones without the burden of that large payment.

If you or your significant other die, it may be difficult to pay all of the bills. If you have a large mortgage payment, you will want to make sure you have an insurance plan that takes care of this expense in the event of a death. Your independent agent can help you determine how much insurance coverage you need and what type of plan will work best in your situation. In Saratoga Springs and Schenectady, life insurance is essential. If the primary wage earner should die, the rest of the family may not be able to make up the difference in the income.

As an independent agent, we can help you calculate the amount of insurance you need and compare quotes to find you an affordable rate. As your family grows in Albany New York, you may need more insurance coverage. If you move to a larger home, you may need to increase your policy. Your independent agent is here to help you plan ahead for your family’s needs and give you peace of mind. You can call us today and we will be happy to discuss your options and answer your questions.