Is Anyone Selling Mortgage Protection?

Nov 12, 2015

  1. frizzell5
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    frizzell5 New Member

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    I was in the mortgage protection business years ago and I'm wondering if anyone is still actively doing it.

    Any mortgage protection agents out there?
     
  2. STIBROKER
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    STIBROKER Like My post and enter the DRAWING,,,, Moderator

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    so what is it.....or you just setting us up for spam........
     
  3. HomeInsureNY
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    HomeInsureNY New Member

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    According to my research mortgage protection insurance doesn't really exist anymore. It is mostly term life insurance policies being sold as a mortgage protection policy.
     
  4. Experienced Agent
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    Experienced Agent Super Genius

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    That's all it ever was. Years ago it was term that decreased in sync with the interest rate of one's mortgage. Still just term insurance.
     
  5. pcbinsurance
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    pcbinsurance Guru

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    The term "Mortgage Protection" is just a gimmick. It's term insurance, plain and simple. Of course, the vendors who market mortgage protection leads will still want you to believe that it's a viable niche.

    Also, outfits like NAA still call it that too. They claim they have thousands of people who are looking for this insurance and not enough agents to run the appointments. LMFAO.

    :D
     
  6. agentinsouth
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    agentinsouth Guru

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    Yea- 2 weeks after I closed on their home insurance.
     
  7. Foreverfury
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    Foreverfury Expert

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    We built a lot on mortgage protection, under what I call a "boutique approach." Meaning, we only write good business.

    A lot of mp will roll up, which is why NAA and the mp cults are the divorce capitol of the world.
     
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