Dual mortgage protection is a life assurance policy which runs for the same length of time as your mortgage. Unlike joint life mortgage protection which pays out on the first death only, dual life mortgage protection pays out on both deaths. It pays off the mortgage on the first death and then continues to provide life assurance on the remaining life, paying out a lump sum for your dependents if the second life passes.
Talk with an insurance specialist at Smart Financial to see Mortgage Protection is right for you and to discuss other Life Insurance options to give your family the peace of mind they deserve.
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