Your client’s house is their most valuable asset. Client’s buy home insurance to protect it from loss due to fire or other unforeseen events. So why wouldn’t they want to protect it from loss of income and missed mortgage payments due to an unexpected death or illness in the family.
As an agent it is our duty and a requirement to offer mortgage life and disability insurance to all of our clients.
At RMA we have partnered with Mortgage Protection Plan (MPP) and they have agreed to pay us for our efforts!
An accepted life/disability application at MPP means that you will get paid 7 times the client’s monthly premium – up front!! This can mean an extra monthly income for you with little effort.
For instance: a client takes life and disability insurance and pays $47.38 per month. This means you will receive a lump sum payment of $331.66. Not bad!!